{"id":7839,"date":"2008-06-05T00:00:00","date_gmt":"2008-06-05T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"aig-investments-reaches-hedge-fund-investment-pact","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2008\/aig-investments-reaches-hedge-fund-investment-pact.html","title":{"rendered":"AIG Investments reaches hedge fund investment pact"},"content":{"rendered":"<p>Reuters &#8211; American International Group Inc&#8217;s asset management division has reached a joint venture agreement with Larch Lane to make seed funding investments in hedge funds.       <\/p>\n<p> The AIG Investments and Larch Lane venture expects to invest between $50 million and $200 million in each deal, according to a joint statement on Wednesday.<\/p>\n<p> Larch Lane is an affiliate of Old Mutual Asset Management, the U.S. asset management group of Old Mutual Plc.<\/p>\n<p> AIG Investments currently manages about $10 billion in hedge fund assets, spread among 130 hedge funds. Larch Lane has invested in 22 hedge fund start-ups over the last seven years, according to the statement.<\/p>\n<p> &quot;This venture gives us the opportunity to not only invest with up-and-coming managers, but to also participate more directly in the profit growth of a rapidly growing industry,&quot; said Robert Discolo, AIG Investments&#8217; head of hedge fund strategies.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/fundsFundsNews\/idUSN0427999020080604\" target=\"_self\">Read Complete Article<\/a>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; American International Group Inc&#8217;s asset management division has reached a joint venture agreement with Larch Lane to make seed funding investments in hedge funds. The AIG Investments and Larch Lane venture expects to invest between $50 million and [&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":[615,613,117,327,612,149,123,55,614,511,616],"class_list":["post-7839","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-cash-management","tag-dic","tag-investment-arm","tag-manhattan","tag-mortgage-fund","tag-proceeds","tag-profits","tag-sers","tag-survey-respondents","tag-uk-residents","tag-vendor-services"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7839","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=7839"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7839\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}