{"id":5050,"date":"2006-09-21T00:00:00","date_gmt":"2006-09-21T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-fund-transfers-assets-to-third-party","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2006\/hedge-fund-transfers-assets-to-third-party.html","title":{"rendered":"Hedge fund transfers assets to third party"},"content":{"rendered":"<p>Times Herald-Record &#8211; A Connecticut hedge fund trying to survive after admitting to investors that it lost billions of dollars in the flagging natural gas market has transferred its energy portfolioto a third party.<\/p>\n<p>Greenwich-based Amaranth Advisors told investors this week that its dealings in the natural gas market \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u009d where prices are more than 50 percent lower than a year ago \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u009d are expected to cause the hedgefund to lose 35 percent of its assets.<\/p>\n<p>The company, which opened the year with $7.4 billion, saw assets shrink to about $4.5 billion from an August high of $9.2 billion.<\/p>\n<p>Company spokesman Shawn Pattison said yesterday that the company would not identify the third party.<br \/><a href=\"http:\/\/www.recordonline.com\/apps\/pbcs.dll\/article?AID=\/20060921\/BIZ\/609210331\/-1\/BIZ03\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Times Herald-Record &#8211; A Connecticut hedge fund trying to survive after admitting to investors that it lost billions of dollars in the flagging natural gas market has transferred its energy portfolioto a third party. Greenwich-based Amaranth Advisors told investors this [&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-5050","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5050","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=5050"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5050\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}