{"id":26633,"date":"2011-12-29T10:23:59","date_gmt":"2011-12-29T15:23:59","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=26633"},"modified":"2011-12-29T10:23:59","modified_gmt":"2011-12-29T15:23:59","slug":"cohen%e2%80%99s-sac-buys-5-2-stake-in-validus","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2011\/cohen%e2%80%99s-sac-buys-5-2-stake-in-validus.html","title":{"rendered":"Cohen\u2019s SAC buys 5.2% stake in Validus"},"content":{"rendered":"<p>Royal Gazette &#8211; Billionaire hedge fund executive Steven Cohen is dipping his toe even further into the reinsurance market with the purchase of a 5.2 percent stake in Bermuda-based Validus Re.<\/p>\n<p>The stock purchase by Mr Cohen\u2019s SAC Capital Advisors\u2019 is a passive investment, which means the company is not looking to influence the direction of Validus Re but does indicate Mr Cohen\u2019s ongoing interest in the reinsurance industry.<\/p>\n<p><a href=\"http:\/\/www.royalgazette.com\/article\/20111229\/BUSINESS04\/712299973\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Royal Gazette &#8211; Billionaire hedge fund executive Steven Cohen is dipping his toe even further into the reinsurance market with the purchase of a 5.2 percent stake in Bermuda-based Validus Re. The stock purchase by Mr Cohen\u2019s SAC Capital Advisors\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-26633","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26633","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=26633"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26633\/revisions"}],"predecessor-version":[{"id":26635,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26633\/revisions\/26635"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=26633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=26633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=26633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}