{"id":29188,"date":"2012-05-25T06:47:31","date_gmt":"2012-05-25T10:47:31","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=29188"},"modified":"2012-05-25T06:47:55","modified_gmt":"2012-05-25T10:47:55","slug":"hedge-fund-got-most-south-carolina-fees-while-lagging-on-returns","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2012\/hedge-fund-got-most-south-carolina-fees-while-lagging-on-returns.html","title":{"rendered":"Hedge Fund Got Most South Carolina Fees While Lagging on Returns"},"content":{"rendered":"<p>BusinessWeek \u00a0&#8211; Mariner Investment Group LLC, a hedge fund founded by a former Bear Stearns Cos. fixed-income executive, charged South Carolina\u2019s pension fund more than any other manager while delivering returns that trailed competitors.<\/p>\n<p>Mariner, started by William Michaelcheck, 65, got $38 million in fees from the South Carolina Retirement Systems in fiscal 2011, or 16 percent of all the compensation paid to the fund\u2019s money managers, which totaled $239 million, according to pension officials.<\/p>\n<p><a href=\"http:\/\/www.businessweek.com\/news\/2012-05-25\/hedge-fund-got-most-south-carolina-fees-while-lagging-on-returns\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BusinessWeek \u00a0&#8211; Mariner Investment Group LLC, a hedge fund founded by a former Bear Stearns Cos. fixed-income executive, charged South Carolina\u2019s pension fund more than any other manager while delivering returns that trailed competitors. Mariner, started by William Michaelcheck, 65, [&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-29188","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29188","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=29188"}],"version-history":[{"count":3,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29188\/revisions"}],"predecessor-version":[{"id":29191,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29188\/revisions\/29191"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=29188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=29188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=29188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}