{"id":65542,"date":"2018-09-03T00:06:37","date_gmt":"2018-09-03T04:06:37","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=65542"},"modified":"2018-09-05T01:06:39","modified_gmt":"2018-09-05T05:06:39","slug":"jpmorgan-is-liquidating-1-billion-credit-hedge-fund-led-by-fahad-roumani","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2018\/jpmorgan-is-liquidating-1-billion-credit-hedge-fund-led-by-fahad-roumani.html","title":{"rendered":"JPMorgan is Liquidating $1 Billion Credit Hedge Fund Led by Fahad Roumani"},"content":{"rendered":"<p>(Bloomberg) JPMorgan Asset Management is liquidating a $1 billion credit hedge fund led by Fahad Roumani after abandoning a plan to spin it off, according to a letter to investors seen by Bloomberg News. The Palm Lane Credit Opportunities Fund, which started with initial capital from JPMorgan Chase &#038; Co., earlier this year reversed a decision to transfer the management contract to a separate company, according to the letter dated June 13. JPMorgan didn\u2019t give a reason for the decision and a spokeswoman for the fund declined to comment.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-08-30\/jpmorgan-liquidating-1-billion-credit-hedge-fund-led-by-roumani\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) JPMorgan Asset Management is liquidating a $1 billion credit hedge fund led by Fahad Roumani after abandoning a plan to spin it off, according to a letter to investors seen by Bloomberg News. The Palm Lane Credit Opportunities Fund, [&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-65542","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/65542","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=65542"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/65542\/revisions"}],"predecessor-version":[{"id":65543,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/65542\/revisions\/65543"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=65542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=65542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=65542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}