{"id":11009,"date":"2009-07-13T00:00:00","date_gmt":"2009-07-13T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"platypus-capital-closes-hedge-funds-in-post-madoff-world","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2009\/platypus-capital-closes-hedge-funds-in-post-madoff-world.html","title":{"rendered":"Platypus Capital Closes Hedge Funds in &#8216;Post-Madoff World&#8217;"},"content":{"rendered":"<p>Bloomberg &#8211; Platypus Capital Management is liquidating its long-short Asian and Australian hedge funds, citing difficulties in a &ldquo;post-Madoff world.&rdquo;             <\/p>\n<p>The Sydney-based firm, with about $42 million in assets, will return funds to investors, saying it didn&rsquo;t have a &ldquo;viable size in the industry as it currently exists,&rdquo; partners Chris Talbot, Derek Sicklen and Charles Magri wrote in a letter to investors obtained by Bloomberg. Sicklen confirmed the contents in a telephone interview today.     <\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601081&#038;sid=a1FsVOLH13sE\" target=\"_blank\" title=\"Read Complete Article\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Platypus Capital Management is liquidating its long-short Asian and Australian hedge funds, citing difficulties in a &ldquo;post-Madoff world.&rdquo; The Sydney-based firm, with about $42 million in assets, will return funds to investors, saying it didn&rsquo;t have a &ldquo;viable [&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":[4439,811,64,1913,4504,14063,14064,7671,14065,1406],"class_list":["post-11009","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-assets","tag-australian-hedge-funds","tag-bloomberg","tag-capital-management","tag-investors","tag-magri","tag-platypus","tag-sydney","tag-talbot","tag-telephone-interview"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11009","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=11009"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11009\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}