{"id":14774,"date":"2010-03-29T07:10:59","date_gmt":"2010-03-29T11:10:59","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=14774"},"modified":"2010-03-29T07:10:59","modified_gmt":"2010-03-29T11:10:59","slug":"s%e2%80%99pore-hedge-fund-climbs-down-mount-everest","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2010\/s%e2%80%99pore-hedge-fund-climbs-down-mount-everest.html","title":{"rendered":"S\u2019pore hedge fund climbs down Mount Everest"},"content":{"rendered":"<p><span>The Financial Express &#8211; Singapore-based hedge fund Tree Line Asia Master Fund  (Singapore) Pte has sold over 4% stake in Tata-controlled mountain water  bottling company Mount Everest Mineral Water, owner of the Himalayan  range of non-aerated beverages. The hedge fund has struck the deal to  offload its majority stake after reportedly realizing &#8216;a substantial  premium&#8217; on its investment, market sources said. <\/span><\/p>\n<p><span>\u201cIt is a typical hedge fund strategy to exit a firm  once the promoters have grown in size, they (hedge funds) get a  substantial return on their investment and no exit option through an IPO  is in sight in near future\u201d, a fund manager tracking hedge funds told  FE. <\/span><\/p>\n<p><span><a href=\"http:\/\/www.financialexpress.com\/news\/S-pore-hedge-fund-climbs-down-Mount-Everest\/595720\/\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><br \/>\n<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Financial Express &#8211; Singapore-based hedge fund Tree Line Asia Master Fund (Singapore) Pte has sold over 4% stake in Tata-controlled mountain water bottling company Mount Everest Mineral Water, owner of the Himalayan range of non-aerated beverages. The hedge fund [&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":[],"class_list":["post-14774","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/14774","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=14774"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/14774\/revisions"}],"predecessor-version":[{"id":14776,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/14774\/revisions\/14776"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=14774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=14774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=14774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}