{"id":22514,"date":"2011-05-17T05:56:01","date_gmt":"2011-05-17T09:56:01","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=22514"},"modified":"2011-05-17T05:56:01","modified_gmt":"2011-05-17T09:56:01","slug":"goldman-planning-to-bankroll-new-hedge-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2011\/goldman-planning-to-bankroll-new-hedge-funds.html","title":{"rendered":"Goldman planning to bankroll new hedge funds"},"content":{"rendered":"<p>San\u00a0Francisco\u00a0Chronicle &#8211;\u00a0Goldman Sachs Group Inc. is seeking money to bankroll fledgling hedge funds, its second attempt since 2008 to break into a business now dominated by Blackstone Group LP, according to three people with knowledge of the plan.<\/p>\n<p>The bank has spent the past year trying to attract clients for a seeding fund, which provides managers with startup investing capital in exchange for a cut of their fees, said the people, who asked not to be identified because the effort is private. Blackstone recently raised $2.4 billion for its second seeding fund, the industry&#8217;s biggest.<\/p>\n<p><a href=\"http:\/\/www.sfgate.com\/cgi-bin\/article.cgi?f=\/c\/a\/2011\/05\/16\/BU6L1JGL0I.DTL\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>San\u00a0Francisco\u00a0Chronicle &#8211;\u00a0Goldman Sachs Group Inc. is seeking money to bankroll fledgling hedge funds, its second attempt since 2008 to break into a business now dominated by Blackstone Group LP, according to three people with knowledge of the plan. The bank [&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-22514","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22514","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=22514"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22514\/revisions"}],"predecessor-version":[{"id":22515,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22514\/revisions\/22515"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=22514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=22514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=22514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}