{"id":45873,"date":"2015-01-15T07:15:39","date_gmt":"2015-01-15T12:15:39","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=45873"},"modified":"2015-01-15T08:17:29","modified_gmt":"2015-01-15T13:17:29","slug":"ex-sacs-kumin-said-to-gather-1-billion-for-hedge-fund-startup","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2015\/ex-sacs-kumin-said-to-gather-1-billion-for-hedge-fund-startup.html","title":{"rendered":"Ex-SAC\u2019s Kumin Said to Gather $1 Billion for Hedge Fund Startup"},"content":{"rendered":"<p>Bloomberg &#8211; Solomon Kumin, who was chief operating officer of billionaire\u00a0Steven A. Cohen\u2019s SAC Capital Advisors, is on track to gather $1 billion for his hedge fund firm when it starts trading in March, according to a person familiar with the matter.<\/p>\n<p>Folger Hill Asset Management will allocate money to a group of in-house managers to trade equities, said the person, who asked not to be identified because the information is private. Kumin, 39, declined to comment on the capital raising.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2015-01-14\/ex-sac-s-kumin-said-to-gather-1-billion-for-hedge-fund-startup.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Solomon Kumin, who was chief operating officer of billionaire\u00a0Steven A. Cohen\u2019s SAC Capital Advisors, is on track to gather $1 billion for his hedge fund firm when it starts trading in March, according to a person familiar with [&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-45873","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/45873","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=45873"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/45873\/revisions"}],"predecessor-version":[{"id":45874,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/45873\/revisions\/45874"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=45873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=45873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=45873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}