{"id":6759,"date":"2007-11-07T00:00:00","date_gmt":"2007-11-07T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"dubai-borrows-126bn-to-pay-for-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2007\/dubai-borrows-126bn-to-pay-for-hedge-fund.html","title":{"rendered":"Dubai borrows $1.26bn to pay for hedge fund"},"content":{"rendered":"<p>  ArabianBusiness.com- Dubai Holding, owned by the emirate&#8217;s ruler, on Tuesday said it had taken a $1.26 billion loan from investment bank Morgan Stanley to pay for the acquisition of a stake in a US  hedge fund.<\/p>\n<p>  Och-Ziff Capital Management in October said it had agreed to sell a 9.9% stake to Dubai Holding subsidiary Dubai International Capital (DIC) for up to the loan amount.<\/p>\n<p>  The loan is a short-term bridge loan, Dubai Holding said in a statement, without giving further details.<\/p>\n<p class=\"topmargin15\">  DIC is the international investment arm of Dubai Holding, and focuses primarily on private equity. Its portfolio includes a stake in European plane-maker Airbus&#8217; parent EADS.<\/p>\n<p><a href=\"http:\/\/news.google.com\/news\/url?sa=T&amp;ct=us\/7-0&amp;fd=R&amp;url=http:\/\/www.arabianbusiness.com\/503535-dubai-borrows-126bn-to-pay-for-hedge-fund-&amp;cid=0&amp;ei=dXYxR7vLM4_sqgP2i7npDQ\"><strong>ReadComplete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ArabianBusiness.com- Dubai Holding, owned by the emirate&#8217;s ruler, on Tuesday said it had taken a $1.26 billion loan from investment bank Morgan Stanley to pay for the acquisition of a stake in a US hedge fund. Och-Ziff Capital Management in [&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-6759","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6759","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=6759"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6759\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=6759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=6759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=6759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}