{"id":59412,"date":"2017-08-11T02:59:09","date_gmt":"2017-08-11T06:59:09","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=59412"},"modified":"2017-08-11T02:59:09","modified_gmt":"2017-08-11T06:59:09","slug":"maverick-capital-a-10-5-billion-hedge-fund-is-struggling-to-make-money","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2017\/maverick-capital-a-10-5-billion-hedge-fund-is-struggling-to-make-money.html","title":{"rendered":"Maverick Capital, a $10.5 Billion Hedge Fund, Is Struggling to Make Money"},"content":{"rendered":"<p>(Business Insider) Lee Ainslie&#8217;s Maverick Capital is having a tough year.   The firm&#8217;s flagship Maverick Fund USA made no money in the first half of 2017, according to a client letter reviewed by Business Insider. The S&#038;P 500, which the fund compares itself to, rose 9.3% over the same period.   Dallas-based Maverick, which manages about $10.5 billion firmwide, primarily blamed its short book \u2014 but said it is not fazed.   &#8220;The median stock in our investable universe was up 7.7% in the first half of the year, and our shorts were up 12.6% \u2014 outperforming (to our detriment) the median stock by almost 5%,&#8221; Ainslie wrote in the letter released last week.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/lee-ainslies-maverick-fund-usa-makes-no-money-in-first-half-2017-2017-8\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Business Insider) Lee Ainslie&#8217;s Maverick Capital is having a tough year. The firm&#8217;s flagship Maverick Fund USA made no money in the first half of 2017, according to a client letter reviewed by Business Insider. The S&#038;P 500, which the [&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-59412","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59412","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=59412"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59412\/revisions"}],"predecessor-version":[{"id":59413,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59412\/revisions\/59413"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=59412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=59412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=59412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}