{"id":34916,"date":"2013-04-12T11:15:07","date_gmt":"2013-04-12T15:15:07","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=34916"},"modified":"2013-04-12T11:21:44","modified_gmt":"2013-04-12T15:21:44","slug":"third-point-starting-greek-focused-hedge-fund-on-recovery-bet-read-more-httpwww-sfgate-combusinessbloombergarticlethird-point-starting-greek-focused-hedge-fund-on-4425902-phpixzz2qgktyuo9","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2013\/third-point-starting-greek-focused-hedge-fund-on-recovery-bet-read-more-httpwww-sfgate-combusinessbloombergarticlethird-point-starting-greek-focused-hedge-fund-on-4425902-phpixzz2qgktyuo9.html","title":{"rendered":"Third Point Starting Greek-Focused Hedge Fund on Recovery Bet"},"content":{"rendered":"<p>Bloomberg &#8211;\u00a0Daniel Loeb\u2019s Third Point LLC is starting a hedge fund focused on buying Greek assets after a wager that European officials would rescue the indebted nation from financial collapse helped drive gains last year for his $10.1 billion investment\u00a0firm.<\/p>\n<p>The\u00a0Third Point Hellenic Recovery Fund\u00a0will invest in \u201cevent-driven corporate situations,\u201d the New York-based firm said in a letter to investors today. Third Point plans to invest less than 1.5 percent of the assets in its existing hedge funds in the new pool and will raise additional money from \u201cinstitutional investors,\u201d the letter\u00a0said.<\/p>\n<p><a href=\"http:\/\/www.sfgate.com\/business\/bloomberg\/article\/Third-Point-Starting-Greek-Focused-Hedge-Fund-on-4425902.php\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211;\u00a0Daniel Loeb\u2019s Third Point LLC is starting a hedge fund focused on buying Greek assets after a wager that European officials would rescue the indebted nation from financial collapse helped drive gains last year for his $10.1 billion investment\u00a0firm. [&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-34916","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34916","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=34916"}],"version-history":[{"count":3,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34916\/revisions"}],"predecessor-version":[{"id":34923,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34916\/revisions\/34923"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=34916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=34916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=34916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}