{"id":12621,"date":"2009-10-22T05:36:03","date_gmt":"2009-10-22T09:36:03","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=12621"},"modified":"2009-10-22T05:36:03","modified_gmt":"2009-10-22T09:36:03","slug":"new-castle-set-back-by-galleon-liquidation-loss-of-ubp-deal","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2009\/new-castle-set-back-by-galleon-liquidation-loss-of-ubp-deal.html","title":{"rendered":"New Castle Set Back by Galleon Liquidation, Loss of UBP Deal"},"content":{"rendered":"<p>Bloomberg &#8211; New Castle Funds LLC\u2019s efforts to survive the arrest of its co-founder in the Raj Rajaratnam insider-trading case were set back as a Swiss bank ended a partnership and Rajaratnam decided to liquidate his funds.<\/p>\n<p>Union Bancaire Priv\u00e9e liquidated a fund that it hired New Castle to manage, the Geneva-based bank said yesterday in an e- mailed statement. The Luxembourg-registered Market Neutral U.S. Equity fund had assets of $36.1 million at Aug. 4, according to Bloomberg data.<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=aDIPa.VFDcAI\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; New Castle Funds LLC\u2019s efforts to survive the arrest of its co-founder in the Raj Rajaratnam insider-trading case were set back as a Swiss bank ended a partnership and Rajaratnam decided to liquidate his funds. Union Bancaire Priv\u00e9e [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[4439,1806,5725,1051],"class_list":["post-12621","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-assets","tag-equity-fund","tag-insider-trading","tag-liquidation"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12621","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=12621"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12621\/revisions"}],"predecessor-version":[{"id":12622,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12621\/revisions\/12622"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=12621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=12621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=12621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}