Aurelius Capital Management

Last updated
Aurelius Capital Management L.P.
Company type Private
Industry Hedge fund
Founded2005;20 years ago (2005)
Founder
  • Mark Brodsky
  • Adam Stanislavsky
Headquarters1330 Avenue of The Americas, ,
U.S.
AUM US$831.2 million
(as of May 29, 2024)
Number of employees
14 (2024)
Website aurelius-capital.com
Footnotes /references
[1] [2]

Aurelius Capital Management (Aurelius) is an American hedge fund, run by Mark Brodsky, a lawyer formerly employed by Elliott Associates. [3] Mark Brodsky is a University of Pennsylvania graduate (BA) in Political Science in 1974
In October 2013, Aurelius attempted to force the government of Argentina to pay $1.3bn following the 2010 Argentinian default on debt. [3] The fund is branded a "vulture" by Argentina for its stance. [4]

Aurelius has been involved in debt restructuring of Dubai World and Tribune Co; and, in October 2013, The Co-operative Bank. [3] Aurelius led a push to apply $54 billion of Petrobas bonds governed by U.S. law in the state of New York. [5]

In 2015 Aurelius bought large amounts of Ukraine's government debt before securing a preferential deal on its restructuring. [4] It has also been involved in the restructuring of debts owed by Puerto Rico. [6] [7]

References

  1. "Aurelius Capital Management LP | AUM 13F". aum13f.com. Retrieved 2025-06-28.
  2. "Distressed Pros Team Up For Aurelius Hedge Fund". www.globalcapital.com. Archived from the original on 2015-10-05. Retrieved 2025-06-28.
  3. 1 2 3 Treanor, Jill (20 September 2013). "Co-op forced to consider hedge fund plan". The Guardian. Archived from the original on 4 March 2016. Retrieved 24 October 2013.
  4. 1 2 Rao, Sujata; Spink, Chris (2015-09-18). "Exclusive: Hedge fund Aurelius holds Ukraine debt, asking better terms - source". Reuters. Archived from the original on 19 January 2018. Retrieved 19 January 2018.
  5. Blount, Jeb. "Petrobas Deadline Prompts Some Bondholders to push for default". Newsweep. Archived from the original on 2015-01-29.
  6. "Aurelius hedge fund seeks to toss Puerto Rico's bankruptcy filing". Reuters. 2017. Archived from the original on 19 January 2018. Retrieved 19 January 2018.
  7. Platt, Eric; Fleming, Sam (4 October 2017). "Trump sends Puerto Rican bonds into tailspin". Financial Times. Archived from the original on 19 January 2018. Retrieved 19 January 2018.