{"id":7123,"date":"2008-02-13T00:00:00","date_gmt":"2008-02-13T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-executive-to-launch-new-firm-backed-by-ge","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2008\/hedge-executive-to-launch-new-firm-backed-by-ge.html","title":{"rendered":"Hedge executive to launch new firm backed by GE"},"content":{"rendered":"<p>Reuters- Carrie McCabe, among the most prominent women executives in the hedge fund industry, is launching a new hedge fund investment firm backed by General Electric&#8217;s asset management division, sources familiar with the situation said on Tuesday. <\/p>\n<p>McCabe, formerly chief executive of both Blackstone Alternative Asset Management and FRM Americas, a $13 billion hedge fund investment firm, is raising money for the new firm, Lasair Capital LLC, and expects to begin investing in coming months, sources said.<\/p>\n<p>It is unclear how much money Lasair intends to raise for its &#8216;fund of funds&#8217; strategy, or one which funnels institutional investor money into a portfolio of hedge funds for a fee. The firm will also invest in timber and infrastructure assets, according to a letter McCabe sent to investors that was obtained by Reuters.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/etfNews\/idUSN1225735520080212\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters- Carrie McCabe, among the most prominent women executives in the hedge fund industry, is launching a new hedge fund investment firm backed by General Electric&#8217;s asset management division, sources familiar with the situation said on Tuesday. McCabe, formerly chief [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7123","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7123","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=7123"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7123\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}