{"id":31414,"date":"2012-09-20T07:33:36","date_gmt":"2012-09-20T11:33:36","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=31414"},"modified":"2012-09-20T07:33:36","modified_gmt":"2012-09-20T11:33:36","slug":"franklin-resources-buys-prominent-hedge-fund-firm-k2","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2012\/franklin-resources-buys-prominent-hedge-fund-firm-k2.html","title":{"rendered":"Franklin Resources buys prominent hedge fund firm K2"},"content":{"rendered":"<p>Reuters &#8211; K2 Advisors became the latest fund of hedge funds to sell out to a much bigger rival, with a deal announced on Wednesday to sell a majority stake to Franklin Resources \u00a0as investors&#8217; appetite for alternative assets continues to grow.<\/p>\n<p>Current management of K2, which has been flirting with potential suitors for more than a year, will receive no up-front payment under terms of the deal, Franklin Resources said in a statement.<\/p>\n<p><a href=\"http:\/\/in.reuters.com\/article\/2012\/09\/19\/us-franklinresources-k-idINBRE88I1CL20120919\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; K2 Advisors became the latest fund of hedge funds to sell out to a much bigger rival, with a deal announced on Wednesday to sell a majority stake to Franklin Resources \u00a0as investors&#8217; appetite for alternative assets continues [&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-31414","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31414","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=31414"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31414\/revisions"}],"predecessor-version":[{"id":31415,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31414\/revisions\/31415"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=31414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=31414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=31414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}