{"id":53695,"date":"2016-08-01T08:11:19","date_gmt":"2016-08-01T12:11:19","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=53695"},"modified":"2016-08-01T08:11:19","modified_gmt":"2016-08-01T12:11:19","slug":"meyers-hedge-fund-assets-drop-to-6-billion-as-returns-flag","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2016\/meyers-hedge-fund-assets-drop-to-6-billion-as-returns-flag.html","title":{"rendered":"Meyer\u2019s Hedge Fund Assets Drop to $6 Billion as Returns Flag"},"content":{"rendered":"<p>(Bloomberg) Jack Meyer, the investor who built a multibillion hedge fund firm after more than quadrupling the size of Harvard University\u2019s endowment, has seen assets erode to below the level he started with a decade ago following weak performance.<\/p>\n<p>Convexity Capital Management fell to about $6 billion in assets as of June 30 after meeting more than $1 billion in redemption requests last quarter, according to two people with knowledge of the matter. The Boston-based firm, which peaked at around $15 billion in early 2013, risks underperforming for the fifth year in a row after missing its benchmarks by roughly 3.6 percentage points in the first half, said one of the people asking not to be identified because the returns aren\u2019t public.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-07-29\/meyer-s-hedge-fund-assets-drop-to-6-billion-as-returns-flag\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Jack Meyer, the investor who built a multibillion hedge fund firm after more than quadrupling the size of Harvard University\u2019s endowment, has seen assets erode to below the level he started with a decade ago following weak performance. Convexity [&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-53695","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53695","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=53695"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53695\/revisions"}],"predecessor-version":[{"id":53696,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53695\/revisions\/53696"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=53695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=53695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=53695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}