{"id":20597,"date":"2011-02-15T10:35:18","date_gmt":"2011-02-15T14:35:18","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=20597"},"modified":"2011-02-15T10:35:18","modified_gmt":"2011-02-15T14:35:18","slug":"shumway-returning-money-shows-perils-of-investing-in-hedge-fund-managers","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2011\/shumway-returning-money-shows-perils-of-investing-in-hedge-fund-managers.html","title":{"rendered":"Shumway Returning Money Shows Perils of Investing in Hedge Fund Managers"},"content":{"rendered":"<p>Bloomberg &#8211;\u00a0Goldman Sachs Group Inc. last year bought stakes in Shumway Capital Partners LLC and Level Global Investors LP, as a way for its clients to share in the fees of the two multibillion-dollar hedge funds.<\/p>\n<p>This month, both firms decided to kick out fee-paying investors, rendering the investments Goldman Sachs made through a private-equity fund potentially worthless.<\/p>\n<p><strong><a href=\"http:\/\/www.bloomberg.com\/news\/2011-02-15\/shumway-returning-money-shows-perils-of-investing-in-hedge-fund-managers.html\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211;\u00a0Goldman Sachs Group Inc. last year bought stakes in Shumway Capital Partners LLC and Level Global Investors LP, as a way for its clients to share in the fees of the two multibillion-dollar hedge funds. This month, both firms [&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-20597","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/20597","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=20597"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/20597\/revisions"}],"predecessor-version":[{"id":20598,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/20597\/revisions\/20598"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=20597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=20597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=20597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}