{"id":15856,"date":"2010-05-26T07:10:42","date_gmt":"2010-05-26T11:10:42","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=15856"},"modified":"2010-05-26T07:10:42","modified_gmt":"2010-05-26T11:10:42","slug":"hedge-fund-goes-from-5-billion-to-300-million","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2010\/hedge-fund-goes-from-5-billion-to-300-million.html","title":{"rendered":"Hedge Fund Goes From $5 Billion to $300 Million"},"content":{"rendered":"<p>WSJ &#8211; London Diversified Management LLP, a hedge-fund firm that managed $5  billion at the beginning of 2008, shrunk to just $300 million over two  years, after the performance of its flagship fund tumbled and investors  pulled out money.<\/p>\n<p>The financial crisis wiped hundreds of billions  of dollars from the hedge-fund industry, and smaller hedge-fund firms in  particular have struggled to recover. Assets managed by London  Diversified Management , founded by former J.P. Morgan Chase traders  David Gorton and Rob Standing in 2002, had risen to $500 million as of  April after tumbling to $300 million at the end of 2009, according to a  person close to the company. The firm had managed $5 billion at the  start of 2008.<\/p>\n<p><a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748704026204575266600281975556.html?mod=googlenews_wsj\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WSJ &#8211; London Diversified Management LLP, a hedge-fund firm that managed $5 billion at the beginning of 2008, shrunk to just $300 million over two years, after the performance of its flagship fund tumbled and investors pulled out money. The [&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-15856","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/15856","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=15856"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/15856\/revisions"}],"predecessor-version":[{"id":15857,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/15856\/revisions\/15857"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=15856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=15856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=15856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}