{"id":3417,"date":"2005-10-05T00:00:00","date_gmt":"2005-10-05T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"local-investors-sank-15-million-into-collapsed-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2005\/local-investors-sank-15-million-into-collapsed-hedge-fund.html","title":{"rendered":"Local investors sank $1.5 million into collapsed hedge fund"},"content":{"rendered":"<p>  ( <a href=\"http:\/\/www.theroyalgazette.com\/\">www.theroyalgazette.com<\/a> ) Forty-five Bermuda-based investors pumped almost $1.5 million dollars into a collapsed Canadian hedge fund that is now  under investigation in Canada.<\/p>\n<p>  Until regulators shut it down in February, Portus Alternative Asset Management was one of the fastest-growing hedge funds in Canada, raising in excess of $800 million through its various products  from almost 26,000 customer accounts.<\/p>\n<p>  While the total book value from the 45 Bermuda investors is nowhere near the $725 million invested by 24,519 Canadians, Bermuda\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s book value leads foreign investments in Portus Alternative Asset  Management, according to court documents.<\/p>\n<p>  <a href=\"http:\/\/www.theroyalgazette.com\/apps\/pbcs.dll\/article?AID=\/20051005\/BUSINESS\/110050075\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>( www.theroyalgazette.com ) Forty-five Bermuda-based investors pumped almost $1.5 million dollars into a collapsed Canadian hedge fund that is now under investigation in Canada. Until regulators shut it down in February, Portus Alternative Asset Management was one of the fastest-growing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3417","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3417","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=3417"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3417\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}