{"id":23027,"date":"2011-06-15T09:05:31","date_gmt":"2011-06-15T13:05:31","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=23027"},"modified":"2011-06-15T09:05:31","modified_gmt":"2011-06-15T13:05:31","slug":"carlyle-acquires-55-of-tiger-backed-emerging-market-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2011\/carlyle-acquires-55-of-tiger-backed-emerging-market-fund.html","title":{"rendered":"Carlyle Acquires 55% of Tiger-Backed Emerging-Market Fund"},"content":{"rendered":"<p>Bloomberg &#8211; Carlyle Group agreed to buy a 55 percent stake in Tiger Management LLC-backed Emerging Sovereign Group LLC, which oversees $1.6 billion in assets, its second purchase of a hedge-fund manager in six months.<\/p>\n<p>ESG\u2019s principals, including Kevin Kenny, the founder, will receive an undisclosed amount of cash, a stake in Carlyle and payments contingent on performance, the companies said today. Tiger Management, headed by Chief Executive Officer\u00a0Julian Robertson, will keep its shares of New York-based ESG, which focuses on emerging markets, and its stakes in the firm\u2019s funds.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2011-06-14\/carlyle-acquires-55-of-tiger-backed-emerging-market-fund-1-.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Carlyle Group agreed to buy a 55 percent stake in Tiger Management LLC-backed Emerging Sovereign Group LLC, which oversees $1.6 billion in assets, its second purchase of a hedge-fund manager in six months. ESG\u2019s principals, including Kevin Kenny, [&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-23027","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23027","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=23027"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23027\/revisions"}],"predecessor-version":[{"id":23028,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23027\/revisions\/23028"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=23027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=23027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=23027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}