News Puerto Rico Investment funds: Puerto Rico governor under fire as federal funds for solar projects are stalled
FILE - Jenniffer Gonzalez speaks after she was sworn in as governor outside the Capitol in San Juan, Puerto Rico, Jan. 2, 2025. (AP Photo/Alejandro Granadillo, File) SAN JUAN, Puerto Rico (AP) — ...
News Puerto Rico Investment funds: LemVega Capital Emerges as Puerto Rico's Leading Investment Firm Amid Strategic Growth and Innovation
SAN JUAN, PUERTO RICO- March 7, 2025- LemVega Capital has solidified its position as the leading investment management firm in Puerto Rico, leveraging visionary leadership, innovative strategies, and a favorable market climate to achieve unprecedented growth. This milestone caps a remarkable multi-year journey defined by strategic decision-making,...
News Puerto Rico Investment funds: Puerto Rico funds' shareholders will vote on liquidation
Shareholders of four Puerto Rico tax-exempt closed ended funds, with about $187 million in total net assets, will vote whether to liquidate shortly, after a several year legal struggle involving UBS.
News Puerto Rico Investment funds: Ocean Capital Exposes Latest Entrenchment Tactics Being Utilized by UBS Puerto Rico Bond Funds’ Boards of Directors
SAN JUAN, Puerto Rico, January 19, 2023--Ocean Capital LLC, a significant shareholder of numerous Puerto Rico closed-end bond funds managed or co-managed by an affiliate of UBS Financial Services Incorporated of Puerto Rico, today issued the following letter to shareholders of the funds.
News Puerto Rico Investment funds: Man sentenced to prison for laundering unemployment, pandemic funds in Puerto Rico
Funds from his bank account in Puerto Rico. Scamaroni-Cintron pleaded guilty on November 15, 2022 to sixteen violations of 18 U.S.C. S. 1596(a)(1)(B)(i) and admitted to withdrawing in excess of $ ...
News Puerto Rico Investment funds: Judge approves debt restructuring plan to recover Puerto Rico from bankruptcy
The judge overseeing Puerto Rico’s bankruptcy approved its debt-cutting plan, a decision that puts the island on a path to exiting bankruptcy after hurricanes, political turmoil and the pandemic ...
