{"id":6437,"date":"2007-08-17T00:00:00","date_gmt":"2007-08-17T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"sentinel-management-sued-over-fund-freeze","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2007\/sentinel-management-sued-over-fund-freeze.html","title":{"rendered":"Sentinel Management sued over fund freeze"},"content":{"rendered":"<p>Chicago Sun-Times- After experiencing a 21st century, hedge-fund version of a run on the bank this week, Sentinel Management Group assured clients that it&#8217;s looking to give them their money back byselling assets.<\/p>\n<p>  &#8220;Sentinel is in the process of discussing a sale or sales of securities to a prospective buyer(s) which could provide liquidity for further redemptions,&#8221; the Northbrook cash manager wrote in a  letter to clients. &#8220;Sentinel is also exploring its ability to sell securities at commercially reasonable market rates.&#8221;<\/p>\n<p>  But Sentinel&#8217;s moves so far haven&#8217;t pleased all customers, which include small futures brokers and hedge funds, according to Jeff Barclay, a lawyer who represents some Sentinel clients.<\/p>\n<p><strong><a href=\"http:\/\/www.suntimes.com\/business\/514057,CST-FIN-markets17a.article\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chicago Sun-Times- After experiencing a 21st century, hedge-fund version of a run on the bank this week, Sentinel Management Group assured clients that it&#8217;s looking to give them their money back byselling assets. &#8220;Sentinel is in the process of discussing [&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-6437","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6437","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=6437"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6437\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=6437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=6437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=6437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}