{"id":10988,"date":"2009-07-09T00:00:00","date_gmt":"2009-07-09T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"penjings-wu-to-expand-seeding-of-new-hedge-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2009\/penjings-wu-to-expand-seeding-of-new-hedge-funds.html","title":{"rendered":"Penjing&#8217;s Wu to Expand Seeding of New Hedge Funds"},"content":{"rendered":"<p>Bloomberg &#8211; Ronnie Wu, chief investment officer of the $400 million hedge fund of funds house Penjing Asset Management Ltd., will start a pool of money dedicated to providing early investments to new hedge funds next month.             <\/p>\n<p>It aims to make five to six investments with the flagship Penjing Asia Fund by year-end, he said in an interview yesterday. The new pool will begin with about $25 million from Wu&rsquo;s family and friends and then raise capital from investors after the initial money has been deployed.     <\/p>\n<p><strong><a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601089&#038;sid=aFWb8yV_EteQ&#038;FORM=ZZNR7\" target=\"_blank\" title=\"Read Complete Article\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Ronnie Wu, chief investment officer of the $400 million hedge fund of funds house Penjing Asset Management Ltd., will start a pool of money dedicated to providing early investments to new hedge funds next month. It aims to [&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":[5638,11478,64,1742,11862,6594,7620,11708,13968,1482,4504,13969,11395,11183,5226],"class_list":["post-10988","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-asia-fund","tag-asset-management-ltd","tag-bloomberg","tag-chief-investment-officer","tag-family-and-friends","tag-flagship","tag-hedge-fund-of-funds","tag-hedge-funds","tag-initial-money","tag-investments","tag-investors","tag-new-pool","tag-penjing-asset-management","tag-rsquo","tag-year-end"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10988","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=10988"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10988\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}