{"id":50334,"date":"2015-10-20T08:49:28","date_gmt":"2015-10-20T12:49:28","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=50334"},"modified":"2015-10-20T08:49:28","modified_gmt":"2015-10-20T12:49:28","slug":"for-hedge-funds-a-cant-miss-trade-goes-bust","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2015\/for-hedge-funds-a-cant-miss-trade-goes-bust.html","title":{"rendered":"For Hedge Funds, a Can\u2019t-Miss Trade Goes Bust"},"content":{"rendered":"<p>\n(Wall Street Journal Interactive)  The trade that was supposed to carry the year is ruining it instead.Hedge-fund and private-equity managers over the past year began piling into debt issued by troubled energy companies, hoping to profit off a reversal of oil\u2019s slide. They raised billions of dollars for the effort, in many cases telling backers it was a once-in-a-generation chance to pounce. But crude has continued to fall, slamming the companies and many large investors who thought they had bought in near the bottom.<\/p>\n<p>An energy fund at Magnetar Capital LLC is down 12% this year through the end of September after the more-than $14 billion hedge-fund firm invested billions of dollars in distressed oil and gas companies, according to investor documents reviewed by The Wall Street Journal. <\/p>\n<p><a href=\"http:\/\/www.wsj.com\/articles\/funds-hot-money-gets-burned-in-energy-trade-1445279458\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Wall Street Journal Interactive) The trade that was supposed to carry the year is ruining it instead.Hedge-fund and private-equity managers over the past year began piling into debt issued by troubled energy companies, hoping to profit off a reversal of [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-50334","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/50334","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=50334"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/50334\/revisions"}],"predecessor-version":[{"id":50335,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/50334\/revisions\/50335"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=50334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=50334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=50334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}