{"id":29370,"date":"2012-06-06T06:07:01","date_gmt":"2012-06-06T10:07:01","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=29370"},"modified":"2012-06-06T06:07:01","modified_gmt":"2012-06-06T10:07:01","slug":"hedge-fund-senrigan-capital-to-score-big-with-50mln-co-investment-from-blackstone-group","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2012\/hedge-fund-senrigan-capital-to-score-big-with-50mln-co-investment-from-blackstone-group.html","title":{"rendered":"Hedge Fund Senrigan Capital to score big with $50mln Co-investment from Blackstone Group"},"content":{"rendered":"<p>New York (HedgeCo.Net) &#8211;  Nick Taylor, British born portfolio manager of the 3 year old Senrigan Capital, has entered into a $50 million to co-investment deal with it&#8217;s long-time investor Blackstone Group.<\/p>\n<p>With over $1 Billion under management, Senrigan is one of the largest Asia-focused hedge funds.<br \/>\nSenrigan started trading in 2009 with $150 million which included a $150 million from Blackstone.<\/p>\n<p>Traditionally co-investment deals enable the investor to invest alongside the manager&#8217;s investments at a lower fee than the 2% management fee and 20% incentive fee which is traditionally required to invest in a Hedge fund.<\/p>\n<p>Despite strong backing, Nick Taylor lost 8.6% last year. According to sources the fund is down a further 7.2 percent this year. <\/p>\n<p>The news of this re-commitment to Blackstone&#8217;s investment in its hedge fund portfolio comes a day after Blackstone Real estate private equity funds agreed to purchase a US$1.76 billion portfolio of distressed property loans BOS International an offshore subsidiary of Lloyd\u2019s Banking Group.<\/p>\n<p>Alex Akesson<br \/>\nEditor for <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; Nick Taylor, British born portfolio manager of the 3 year old Senrigan Capital, has entered into a $50 million to co-investment deal with it&#8217;s long-time investor Blackstone Group. With over $1 Billion under management, Senrigan is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,5],"tags":[],"class_list":["post-29370","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news","category-offshore-funds"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29370","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=29370"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29370\/revisions"}],"predecessor-version":[{"id":29371,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29370\/revisions\/29371"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=29370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=29370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=29370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}