{"id":24319,"date":"2011-08-26T08:34:03","date_gmt":"2011-08-26T12:34:03","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=24319"},"modified":"2011-08-26T08:34:03","modified_gmt":"2011-08-26T12:34:03","slug":"rab-founders-plan-to-invest-30-million-in-firm%e2%80%99s-biggest-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2011\/rab-founders-plan-to-invest-30-million-in-firm%e2%80%99s-biggest-fund.html","title":{"rendered":"RAB Founders Plan to Invest $30 Million in Firm\u2019s Biggest Fund"},"content":{"rendered":"<p>Bloomberg &#8211; RAB Capital Plc\u00a0founders Philip Richards and Michael Alen-Buckley will invest $30 million of their own money in the company\u2019s biggest hedge fund so it doesn\u2019t have to separate illiquid assets from other holdings.<\/p>\n<p>The investment increases the founders\u2019 total allocation to the RAB Special Situations Fund to $40 million, the London-based company said in a statement today. The investment means the fund\u2019s board of directors won\u2019t have to move hard-to-sell holdings into a so-called side pocket, an account hedge funds use to separate assets. Clients typically can\u2019t get their money back from such accounts until investments are sold.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2011-08-25\/rab-founders-plan-to-invest-30-million-in-firm-s-biggest-fund.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; RAB Capital Plc\u00a0founders Philip Richards and Michael Alen-Buckley will invest $30 million of their own money in the company\u2019s biggest hedge fund so it doesn\u2019t have to separate illiquid assets from other holdings. The investment increases the founders\u2019 [&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-24319","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24319","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=24319"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24319\/revisions"}],"predecessor-version":[{"id":24320,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24319\/revisions\/24320"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=24319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=24319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=24319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}