Correction

In February 21 item “Hedge Fund Converts Network Loan into Equity” LatinFinance wants to make clear that Telecinco is investing alongside Quantek in CaribeVison. Telecinco is not is invested in the Quantek Opportunity Fund. And “Mexico’s Azcarraga” refers to the Mexican family Burillo Azcarraga, which is an investor in CaribeVision, not Quantek. A corrected version follows: Hedge Fund Converts Network Loan into Equity The BVI chartered Quantek Opportunity Fund has purchased 14% of Spanish language US network CaribeVision for $15m by converting a loan to an indirect equity stake. Quantek loaned $15.7m to the network last year and was attracted by the network’s growth potential. Other CaribeVision investors include Spain’s Telecinco and Mexico’s Burillo Azcarraga family. Bulltick Capital Markets structured the entrance of the hedge fund into the media company.