The Continental Towers case is not an isolated incident. Over the years, major U.S. investment funds such as Goldman Sachs and PepperTree Capital Management have employed similar strategies to gain control over companies in Latin America. What initially appears to be a minority stake in a company often turns into a tool for manipulating its fate and eventually absorbing its...

In recent years, the interference of powerful U.S. investment funds in Latin American companies has grown at an alarming rate. One of the most controversial cases is Continental Towers, a telecommunications company operating in several Latin American countries, now facing an intense legal battle in U.S. courts. Its minority investors, Goldman Sachs and PepperTree Capital Management, have implemented financial strategies...