{"id":19428,"date":"2010-12-15T08:06:31","date_gmt":"2010-12-15T12:06:31","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=19428"},"modified":"2010-12-15T08:06:31","modified_gmt":"2010-12-15T12:06:31","slug":"frontpoint-fires-health-care-team","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2010\/frontpoint-fires-health-care-team.html","title":{"rendered":"FrontPoint Fires Health Care Team"},"content":{"rendered":"<p>DealBook &#8211; FrontPoint Partners, a hedge fund firm hit with $3 billion worth of redemptions \u2014 fired its 12-person health care team in the weeks after the group was ensnared by an insider trading case in early November, according to a person with knowledge of the situation who spoke on the condition of anonymity.<\/p>\n<p>\u201cWe have, as a result of clients seeking a return of capital, made the extremely difficult decision to reduce staff by 28 positions \u2014 all among the non-investment team staff,\u201d the company said in a statement about the most recent layoffs. \u201cThese reductions will not impact our investment teams and overall client service.\u201d<\/p>\n<p><strong><a href=\"http:\/\/dealbook.nytimes.com\/2010\/12\/14\/frontpoint-fires-healthcare-team\/\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DealBook &#8211; FrontPoint Partners, a hedge fund firm hit with $3 billion worth of redemptions \u2014 fired its 12-person health care team in the weeks after the group was ensnared by an insider trading case in early November, according to [&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-19428","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19428","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=19428"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19428\/revisions"}],"predecessor-version":[{"id":19430,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19428\/revisions\/19430"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=19428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=19428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=19428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}