{"id":7277,"date":"2008-03-11T00:00:00","date_gmt":"2008-03-11T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"baer-cap-to-launch-two-india-centric-hedge-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2008\/baer-cap-to-launch-two-india-centric-hedge-funds.html","title":{"rendered":"Baer Cap to launch two India-centric hedge funds"},"content":{"rendered":"<table class=\"TableClas\" cellspacing=\"0\" cellpadding=\"0\" border=\"0\">\n<tr>\n<td>Business Standard- Dubai-headquartered Baer Capital Partners is planning to launch two India-dedicated hedge funds this year despite the bearish sentiment ruling the bourses since January-end. <\/td>\n<\/tr>\n<tr>\n<td height=\"5\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td>The two funds &#8211; Beacon India Opportunities Fund with a corpus of $400 million and the $100 million Beacon India Growth Fund &#8211; will invest in listed companies. Baer is in the process of securing the regulatory approval for foreign institutional investor (FII) licence. <\/td>\n<\/tr>\n<tr>\n<td height=\"5\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td>&ldquo;Our shareholders have already lined up money for the Beacon India Opportunities Fund. This fund will invest mainly in mid-cap stocks. Investors will have the redemption option if they give a three-month notice at the month end. None of these funds would be involved in momentum trading, which is usually practised by hedge funds,&rdquo; said Alok Sama, president and founder, Baer Capital Partners. <\/td>\n<\/tr>\n<tr>\n<td height=\"5\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td>Baer Capital&rsquo;s move comes after several leading hedge funds received approval from the Securities and Exchange Board of India (Sebi) in recent weeks. <\/td>\n<\/tr>\n<\/table>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/www.business-standard.com\/common\/news_article.php?tab=r&#038;autono=316377&#038;subLeft=1&#038;leftnm=0\" target=\"_self\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business Standard- Dubai-headquartered Baer Capital Partners is planning to launch two India-dedicated hedge funds this year despite the bearish sentiment ruling the bourses since January-end. &nbsp; The two funds &#8211; Beacon India Opportunities Fund with a corpus of $400 million [&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-7277","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7277","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=7277"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7277\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}