Kyle Bass

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J. Kyle Bass is an American investor and founder of Conservation Equity Management, a Texas-based private equity firm focused on environmental sustainability. He is also the founder and principal of Hayman Capital Management, L.P., a Dallas-based hedge fund on global events.
In 2008, Bass successfully predicted and effectively bet against the U.S. subprime mortgage crisis by purchasing credit default swaps on subprime securities which, in turn, increased in value when the real estate bubble burst.
The drug patent challenge campaign fizzled after several legal setbacks.
Bass was the recipient of the 2019 Foreign Policy Association Medal for his responsible internationalism. Bass is a life member of the Council on Foreign Relations. He is also a founding member of the Committee on the Present Danger (China). Furthermore, Bass also serves on the Texas Department of Public Safety Foundation board of directors. Bass is on the board of trustees of the Texas Wildlife Association Foundation (TWAF).
On June 14, 2020, the Wall Street Journal reported that Bass is facing regulatory scrutiny from SEC investigators for potential market manipulation—an issue that appears to stem from a controversial trade, executed in late-2015, in which Bass' fund built a short position against the stock price of a publicly traded REIT known as UDF, then accused the REIT of being a Ponzi scheme. The REIT executives were convicted and sentenced to a combined 20 years in federal prison.

Source: https://en.wikipedia.org/wiki/Kyle_Bass
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