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Hedge fund that bet on bombing judgement takes early payouts

RD Legal Capital collects millions before award is issued, while telling investors to wait until ‘illiquidity’ issues pass

American Marines search for survivors after the 1983 car bomb in Beirut
American Marines search for survivors after the 1983 car bomb in Beirut Photo: Getty Images

When hedge fund manager Roni Dersovitz began raising money to buy stakes in a nearly $2 billion judgement against Iran for one of the deadliest terror attacks ever aimed at Americans, he billed it as a win-win for families of the victims and investors alike.

So far, the judgement remains in limbo. But Dersovitz already is getting paid.

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