{"id":19923,"date":"2011-01-12T07:50:38","date_gmt":"2011-01-12T11:50:38","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=19923"},"modified":"2011-01-12T07:50:38","modified_gmt":"2011-01-12T11:50:38","slug":"clarium-slumps-90-from-peak-after-thiel-hedge-fund-has-third-losing-year","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2011\/clarium-slumps-90-from-peak-after-thiel-hedge-fund-has-third-losing-year.html","title":{"rendered":"Clarium Slumps 90% From Peak After Thiel Hedge Fund Has Third Losing Year"},"content":{"rendered":"<p>Bloomberg &#8211; Peter Thiel got rich investing in PayPal and\u00a0Facebook Inc. before most people knew them, built a hedge fund that at its apex managed $7.2 billion, and forecast the collapse of the U.S. housing market. He also lost almost two-thirds of his clients\u2019 money.<\/p>\n<p>Clarium Capital Management LLC, which Thiel started in 2002 in\u00a0San Francisco, fell about 23 percent in 2010, the third straight year of declines, according to investors. His fund\u2019s assets are down about 90 percent and clients who stuck with him suffered losses of 65 percent from the mid-2008 peak.<\/p>\n<p><strong><a href=\"http:\/\/www.bloomberg.com\/news\/2011-01-12\/clarium-hedge-fund-shrinks-90-as-thiel-has-third-losing-year.html\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Peter Thiel got rich investing in PayPal and\u00a0Facebook Inc. before most people knew them, built a hedge fund that at its apex managed $7.2 billion, and forecast the collapse of the U.S. housing market. He also lost almost [&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-19923","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19923","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=19923"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19923\/revisions"}],"predecessor-version":[{"id":19924,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19923\/revisions\/19924"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=19923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=19923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=19923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}