{"id":42410,"date":"2014-06-03T10:45:55","date_gmt":"2014-06-03T14:45:55","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=42410"},"modified":"2014-06-03T10:45:55","modified_gmt":"2014-06-03T14:45:55","slug":"hedge-fund-worlds-one-man-wealth-machine","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2014\/hedge-fund-worlds-one-man-wealth-machine.html","title":{"rendered":"Hedge-Fund World&#8217;s One-Man Wealth Machine"},"content":{"rendered":"<p style=\"color: #333333;\">WSJ &#8211; In the Back Bay neighborhood of Boston, one man is building a moneymaking machine that rivals some of the hedge-fund industry&#8217;s biggest names.<\/p>\n<p style=\"color: #333333;\">Calls to his office go unreturned even from those eager to fork over eight-figure sums, potential investors say. One industry veteran referred to him as &#8220;a unicorn,&#8221; as few people have ever seen him.<\/p>\n<p style=\"color: #333333;\">The hedge-fund manager, David Abrams, has personally become a billionaire, and earned billions more for his wealthy investors, over the past five years running what is effectively a one-man shop, according to company and investor documents reviewed by The Wall Street Journal and people who have worked with him. His firm, Abrams Capital Management LP, manages nearly $8 billion across three funds and is discussing raising money for a fourth fund that could help push its assets past $10 billion.<\/p>\n<p><a href=\"http:\/\/online.wsj.com\/articles\/hedge-fund-worlds-one-man-cash-machine-1401747769\">Read full Story<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WSJ &#8211; In the Back Bay neighborhood of Boston, one man is building a moneymaking machine that rivals some of the hedge-fund industry&#8217;s biggest names. Calls to his office go unreturned even from those eager to fork over eight-figure sums, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-42410","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42410","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=42410"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42410\/revisions"}],"predecessor-version":[{"id":42413,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42410\/revisions\/42413"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=42410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=42410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=42410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}