{"id":7304,"date":"2008-03-14T00:00:00","date_gmt":"2008-03-14T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"boss-rues-collapse-of-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2008\/boss-rues-collapse-of-hedge-fund.html","title":{"rendered":"Boss rues collapse of hedge fund"},"content":{"rendered":"<p>BBC Business- Private equity giant Carlyle Group has pledged to &quot;stand by&quot; investors in the firm&#8217;s failed billion dollar hedge fund, the Financial Times has reported. <\/p>\n<p>The firm&#8217;s co-founder David Rubenstein told the newspaper that he was working on ways to address clients&#8217; losses. <\/p>\n<p>His comments came after Carlyle Capital Corporation (CCC), a unit of Carlyle Group, said it was unable to pay back its debts and may be liquidated. <\/p>\n<p>Some $600m (&pound;295m) of clients&#8217; money will be lost if the fund fails. <!-- E SF --><\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/news.bbc.co.uk\/2\/hi\/business\/7295778.stm\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BBC Business- Private equity giant Carlyle Group has pledged to &quot;stand by&quot; investors in the firm&#8217;s failed billion dollar hedge fund, the Financial Times has reported. The firm&#8217;s co-founder David Rubenstein told the newspaper that he was working on ways [&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-7304","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7304","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=7304"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7304\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}