Children play on a beach in San Juan, Puerto Rico. The Puerto Rican government hopes that convincing wealthy investors to relocate here will boost the island's economy.
A few weeks ago, Alberto Baco Bague arrived in New York for a roadshow of sorts. In just 48 hours, Baco, Puerto Rico's secretary of economic development and commerce, met with more than 30 hedge fund managers, investors and others who could be classified as very well-off.
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