{"id":6655,"date":"2007-10-10T00:00:00","date_gmt":"2007-10-10T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"goldman-fund-buys-stake-in-hedge-fund-winton","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2007\/goldman-fund-buys-stake-in-hedge-fund-winton.html","title":{"rendered":"Goldman fund buys stake in hedge fund Winton"},"content":{"rendered":"<p>  <a href=\"http:\/\/feeds.feedburner.com\/~a\/reuters\/UKFundsNews?a=JFt1MX\" target=\"_blank\"><\/a><\/p>\n<div class=\"feedflare\">  Reuters- Hedge fund firm Winton Capital Management said on Monday that a new fund run by Goldman Sachs had bought a 9.99 percent stake in the company.  <\/p>\n<p>    The stake, which the Goldman fund took at the end of July, is a passive investment and does not give the fund a seat on the board or influence in fund management decisions, Winton said.  <\/p>\n<p>    New York-based Goldman Sachs, the world&#8217;s largest securities firm by market capitalization, is investing in Winton through a new, more than $500 million (250 million pound) fund that will    purchase stakes in the general partnerships of hedge funds, a source familiar with the matter said on Monday.  <\/p>\n<p>    Goldman&#8217;s fund is being run by Jonathan Sorrell, son of Martin Sorrell, chief executive of WPP Group, the second largest advertising company in the world, according to the Wall Street Journal and    Financial Times newspapers.  <\/p>\n<p>    A Winton spokesman declined to say how much the Goldman fund had paid for its stake and said Winton was not planning to allow the fund to increase its stake further. Goldman declined to comment.  <\/p>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" height=\"1\" src=\"http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~4\/167399593\" width=\"1\" border=\"0\"><br \/><a href=\"http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~3\/167399593\/idUKNOA94155820071009\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters- Hedge fund firm Winton Capital Management said on Monday that a new fund run by Goldman Sachs had bought a 9.99 percent stake in the company. The stake, which the Goldman fund took at the end of July, is [&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-6655","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6655","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=6655"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6655\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=6655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=6655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=6655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}