As Venezuela collapses, one little-known U.S. investment fund is poised to win big from litigation against its socialist government: Tenor Capital Management. Since 2012, the New York firm has invested $76 million in Canadian mining firm Crystallex International Corp, largely to fund a lawsuit being waged against Venezuela for expropriating a gold mine. Now, Tenor stands to claim around $800 million of a $1.4 billion international arbitration award that Crystallex has been trying to collect since 2016. Tenor’s cash allowed Crystallex to force Venezuela to pay up by attempting a court-ordered seizure of Houston-based Citgo Petroleum Corp, the country’s overseas crown jewel. The case is part of wave of lawsuits bankrolled by firms specializing in so-called litigation finance, providing funding […]