{"id":55859,"date":"2016-12-29T09:00:29","date_gmt":"2016-12-29T14:00:29","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=55859"},"modified":"2016-12-29T08:38:19","modified_gmt":"2016-12-29T13:38:19","slug":"the-golden-era-of-hedge-funds-draws-to-a-close-with-clients-in-revolt","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2016\/the-golden-era-of-hedge-funds-draws-to-a-close-with-clients-in-revolt.html","title":{"rendered":"The Golden Era of Hedge Funds Draws to a Close With Clients in Revolt"},"content":{"rendered":"<p>\nBloomberg posted on Thu 29 Dec 2016   Permalink   Print<\/p>\n<p>Drinks flowed as hedge fund titan Robert Mercer, dressed as Mandrake the Magician, partied with Donald Trump, dressed as, well, Donald Trump.<\/p>\n<p>The occasion that early December evening was Mercer\u2019s 2016 holiday costume party, an intimate gathering of 250 at his Long Island estate. This year\u2019s theme: \u201cVillains and Heroes.\u201d<\/p>\n<p>In Trump, Mercer and his fellow hedge funders had much to extol. Tapping into the wealth he amassed at his wildly profitable firm, Renaissance Technologies, Mercer and his daughter Rebekah (dressed that evening in Black Widow leather) had helped vault Trump to the American presidency. Trump, more than any other president-elect, has sought out hedge fund types, from Steven Mnuchin, his choice for Treasury, to David McCormick, a leading contender at Defense, heralding a new lucrative era for American finance.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2016-12-29\/hedge-fund-agonistes-not-even-donald-trump-can-ease-the-pain\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg posted on Thu 29 Dec 2016 Permalink Print Drinks flowed as hedge fund titan Robert Mercer, dressed as Mandrake the Magician, partied with Donald Trump, dressed as, well, Donald Trump. The occasion that early December evening was Mercer\u2019s 2016 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,1],"tags":[],"class_list":["post-55859","post","type-post","status-publish","format-standard","hentry","category-syndicated","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55859","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=55859"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55859\/revisions"}],"predecessor-version":[{"id":55860,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55859\/revisions\/55860"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=55859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=55859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=55859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}