{"id":26015,"date":"2011-11-15T10:18:12","date_gmt":"2011-11-15T15:18:12","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=26015"},"modified":"2011-11-15T10:18:12","modified_gmt":"2011-11-15T15:18:12","slug":"evercore-takes-stake-in-hedge-fund-manager","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2011\/evercore-takes-stake-in-hedge-fund-manager.html","title":{"rendered":"Evercore takes stake in hedge fund manager"},"content":{"rendered":"<p>Dow Jones &#8211; Evercore Partners, the investment-banking advisory firm, has bought a stake in its first fund-of-hedge-funds manager by paying $45m for a minority interest in ABS Investment Management, which was founded in 2002 by a team from Credit Suisse.<\/p>\n<div>\n<div>Evercore said in a statement yesterday it had acquired a 45% non-controlling interest in ABS Investment Management, an equity long\/short fund-of-hedge-funds manager, for $45m in cash.<\/div>\n<\/div>\n<div><a href=\"http:\/\/www.efinancialnews.com\/story\/2011-11-15\/evercore-abs-investment\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dow Jones &#8211; Evercore Partners, the investment-banking advisory firm, has bought a stake in its first fund-of-hedge-funds manager by paying $45m for a minority interest in ABS Investment Management, which was founded in 2002 by a team from Credit Suisse. [&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-26015","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26015","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=26015"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26015\/revisions"}],"predecessor-version":[{"id":26016,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26015\/revisions\/26016"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=26015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=26015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=26015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}