New York-based hedge fund York Capital Management had its shipping profile raised considerably — and perhaps more than it would have liked — with its recent backing of tanker owner Euronav. But it is a profile that has been building for some time.
York’s backing of the Belgian company — and its $980m VLCC deal that reportedly infuriated competing shipowner Peter Georgiopoulos — is at least the fourth-known investment entered by the firm over the past year.
The
