{"id":81318,"date":"2022-04-21T00:12:10","date_gmt":"2022-04-21T04:12:10","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=81318"},"modified":"2022-04-21T00:20:17","modified_gmt":"2022-04-21T04:20:17","slug":"embattled-hedge-fund-melvin-capital-weighs-unwinding-current-fund-to-start-new-one-sources-say","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2022\/embattled-hedge-fund-melvin-capital-weighs-unwinding-current-fund-to-start-new-one-sources-say.html","title":{"rendered":"Embattled hedge fund Melvin Capital weighs unwinding current fund to start new one, sources say"},"content":{"rendered":"\n<p>(CNBC) Melvin Capital, the embattled hedge fund run by its once high-flying founder Gabe Plotkin, has been discussing a novel plan with its investors under which the firm would return their capital, while giving them the right to reinvest that capital in what would essentially be a new fund run by Plotkin. Under the terms being discussed, Plotkin would unwind his current fund at the end of June. That fund was down 21% at the end of the first quarter.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/04\/21\/melvin-capital-weighs-unwinding-current-fund-to-start-new-one.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Melvin Capital, the embattled hedge fund run by its once high-flying founder Gabe Plotkin, has been discussing a novel plan with its investors under which the firm would return their capital, while giving them the right to reinvest that [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-81318","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81318","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=81318"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81318\/revisions"}],"predecessor-version":[{"id":81319,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81318\/revisions\/81319"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=81318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=81318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=81318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}