{"id":10949,"date":"2009-07-03T00:00:00","date_gmt":"2009-07-03T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"kbc-says-stops-bluecrest-fund-leverage-facility","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2009\/kbc-says-stops-bluecrest-fund-leverage-facility.html","title":{"rendered":"KBC says stops BlueCrest fund leverage facility"},"content":{"rendered":"<p>Reuters &#8211; Belgian bank KBC  said it had terminated a $219 million leverage facility it provided to BlueCrest Specialty Asset Finance, a fund run by UK hedge funds manager BlueCrest Capital Management.       <\/p>\n<p> It was not immediately clear how much of the facility KBC will be able to retrieve.<\/p>\n<p> &quot;We continue to work with KBC with a view to maximising recoveries for them as leverage provider and the equity holders as a whole,&quot; the fund said in a document sent to investors and obtained by Reuters.<\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.reuters.com\/article\/rbssFinancialServicesAndRealEstateNews\/idUSL223087820090702?FORM=ZZNR8\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Belgian bank KBC said it had terminated a $219 million leverage facility it provided to BlueCrest Specialty Asset Finance, a fund run by UK hedge funds manager BlueCrest Capital Management. It was not immediately clear how much of [&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":[13678,12265,13763,11708,4504,13764,1626,4326],"class_list":["post-10949","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-asset-finance","tag-bluecrest-capital-management","tag-equity-holders","tag-hedge-funds","tag-investors","tag-kbc","tag-leverage","tag-reuters"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10949","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=10949"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10949\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}