{"id":64803,"date":"2018-07-17T00:36:00","date_gmt":"2018-07-17T04:36:00","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=64803"},"modified":"2018-07-20T02:09:14","modified_gmt":"2018-07-20T06:09:14","slug":"hedge-fund-york-capital-joins-race-for-abraaj-assets","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2018\/hedge-fund-york-capital-joins-race-for-abraaj-assets.html","title":{"rendered":"Hedge Fund York Capital Joins Race for Abraaj Assets"},"content":{"rendered":"<p>\n(Bloomberg) York Capital Management, the hedge fund run by Jamie Dinan, is the latest party to join the race to buy the asset-management platform of embattled Dubai private-equity firm Abraaj Group, according to people familiar with the matter. The New York-based firm is offering $45 million for the platform, including about $20 million in severance payments for staff, the people said, asking not to be identified as the information is private. Abraaj is currently under a court-supervised liquidation, and that liquidator would keep managing the assets in the funds. No final agreements have been reached and the deliberations may not lead to a deal, the people said. <\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-07-18\/hedge-fund-york-capital-is-said-to-join-race-for-abraaj-assets\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) York Capital Management, the hedge fund run by Jamie Dinan, is the latest party to join the race to buy the asset-management platform of embattled Dubai private-equity firm Abraaj Group, according to people familiar with the matter. The New [&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-64803","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/64803","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=64803"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/64803\/revisions"}],"predecessor-version":[{"id":64804,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/64803\/revisions\/64804"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=64803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=64803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=64803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}