{"id":28978,"date":"2012-05-10T07:56:09","date_gmt":"2012-05-10T11:56:09","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=28978"},"modified":"2012-05-10T07:56:09","modified_gmt":"2012-05-10T11:56:09","slug":"goldman-redeems-250-million-hedge-fund-stakes-on-volcker","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2012\/goldman-redeems-250-million-hedge-fund-stakes-on-volcker.html","title":{"rendered":"Goldman Redeems $250 Million Hedge-Fund Stakes on Volcker"},"content":{"rendered":"<p>Bloomberg &#8211; Goldman Sachs Group Inc. (GS), the fifth- biggest\u00a0U.S. bank\u00a0by assets, redeemed about $250 million from hedge funds during the first quarter as it begins to comply with rules requiring banks to reduce such investments.<\/p>\n<p>The firm can \u201cgenerally\u201d redeem as much as 25 percent of its holdings in hedge funds at any quarter-end with 91 days\u2019 notice, New York-based Goldman Sachs said in a quarterly filing today. The company had $3.06 billion in hedge-fund stakes at the end of March, according to the filing, which didn\u2019t say which fund investments were pulled during the quarter.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2012-05-10\/goldman-redeems-250-million-hedge-fund-stakes-on-volcker.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Goldman Sachs Group Inc. (GS), the fifth- biggest\u00a0U.S. bank\u00a0by assets, redeemed about $250 million from hedge funds during the first quarter as it begins to comply with rules requiring banks to reduce such investments. The firm can \u201cgenerally\u201d [&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-28978","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/28978","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=28978"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/28978\/revisions"}],"predecessor-version":[{"id":28979,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/28978\/revisions\/28979"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=28978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=28978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=28978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}