{"id":23789,"date":"2011-07-29T06:47:57","date_gmt":"2011-07-29T10:47:57","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=23789"},"modified":"2011-07-29T06:47:57","modified_gmt":"2011-07-29T10:47:57","slug":"the-lone-star-state-attracts-plenty-of-financial-whizzkids","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2011\/the-lone-star-state-attracts-plenty-of-financial-whizzkids.html","title":{"rendered":"The Lone Star State attracts plenty of financial whizzkids"},"content":{"rendered":"<p>Economist &#8211; For a state more closely associated with cattle and cowboys, Texas is home to a surprisingly big herd of hedge funds. They manage around $40 billion, making Texas the fifth-largest US state for hedge-fund assets (after New York, Connecticut, Massachusetts and California), according to the Blue Heron Group, a research firm. Some of the industry\u2019s biggest names, like Lee Ainslie of Maverick Capital and Eddie Lampert of ESL Investments, have ties to the state or Texan investors.<\/p>\n<p>Many Texans like to trace the industry\u2019s vibrancy to the state\u2019s risk-taking traditions. A century ago \u201cwildcatters\u201d put everything they had on the line to drill oil wells, hoping to discover a gusher. Some made millions; others lost everything.<\/p>\n<p><a href=\"http:\/\/www.economist.com\/node\/21524817\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Economist &#8211; For a state more closely associated with cattle and cowboys, Texas is home to a surprisingly big herd of hedge funds. They manage around $40 billion, making Texas the fifth-largest US state for hedge-fund assets (after New York, [&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-23789","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23789","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=23789"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23789\/revisions"}],"predecessor-version":[{"id":23790,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23789\/revisions\/23790"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=23789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=23789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=23789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}