{"id":10718,"date":"2009-06-02T00:00:00","date_gmt":"2009-06-02T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"helios-plans-india-slumdog-millionaire-stock-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2009\/helios-plans-india-slumdog-millionaire-stock-fund.html","title":{"rendered":"Helios Plans India &#8216;Slumdog Millionaire&#8217; Stock Fund"},"content":{"rendered":"<p>Bloomberg &#8211; Helios Capital Management Pte, the hedge-fund manager once backed by Tudor Investment Corp., plans to start a &ldquo;Slumdog Millionaire&rdquo; fund that will buy underperforming shares of Indian companies.             <\/p>\n<p>&ldquo;We want to find slumdogs from the Indian equity markets who have the potential of becoming millionaires,&rdquo; Samir Arora, founder of Singapore-based Helios Capital, said in an interview.     <\/p>\n<p>The firm plans to raise about $50 million by the end of July for its long-only Helios India Jai Ho Fund, Arora said. &ldquo;Jai Ho,&rdquo; which means &ldquo;victory&rdquo; in Hindi, is the Oscar- winning theme song from &ldquo;Slumdog Millionaire,&rdquo; a feel-good tale of a Mumbai orphan&rsquo;s escape from poverty that scooped eight Academy Awards, including best picture, this year in Los Angeles.     <\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601208&#038;sid=a4uOIcmMXvsk&#038;refer=finance\" target=\"_blank\" title=\"Read Complete Article\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Helios Capital Management Pte, the hedge-fund manager once backed by Tudor Investment Corp., plans to start a &ldquo;Slumdog Millionaire&rdquo; fund that will buy underperforming shares of Indian companies. &ldquo;We want to find slumdogs from the Indian equity markets [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[3910,12466,12467,1913,3208,37,1170,12465,7629,3753,5986,6730,5386,7626,12468],"class_list":["post-10718","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-50-million","tag-academy-awards","tag-best-picture","tag-capital-management","tag-founder-of-singapore","tag-hedge-fund-manager","tag-india","tag-indian-equity-markets","tag-jai","tag-millionaire","tag-millionaires","tag-orphan","tag-poverty","tag-tudor-investment","tag-victory"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10718"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10718\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}