{"id":8225,"date":"2008-07-29T00:00:00","date_gmt":"2008-07-29T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"slick-bets-propel-bluegold-returns-a-monsterous-160","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2008\/slick-bets-propel-bluegold-returns-a-monsterous-160.html","title":{"rendered":"`Slick&#8217; Bets Propel Bluegold Returns a Monsterous 160%"},"content":{"rendered":"<p>New York Post- Hedge fund BlueGold Capital might have struck black gold, with oil bets driving returns up a whopping 160 percent through the end of June. <\/p>\n<p> BlueGold just opened for business in February, but its eye-popping returns have already attracted attention &#8211; and money &#8211; from investors. Indeed, assets have grown by more than six times since inception to $925 million, according to a BlueGold official and the company&#8217;s most recent letter to investors. <\/p>\n<p> &quot;The hedge fund market has not had a lot of oil traders with physical oil experience. I think that gives us an edge,&quot; said Dennis Crema, who helped launch the London-based fund with Pierre Andurand. Both men are former traders from Vitol, a Swiss energy trading firm. <\/p>\n<p><strong><a href=\"..\/news\/news_land.php?i=http:\/\/www.nypost.com\/seven\/07292008\/business\/slick_bets_propel_bluegold_returns_a_mon_122100.htm\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York Post- Hedge fund BlueGold Capital might have struck black gold, with oil bets driving returns up a whopping 160 percent through the end of June. BlueGold just opened for business in February, but its eye-popping returns have already [&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":[546,1792,129,83,1596,1791,47,358],"class_list":["post-8225","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-bias","tag-cordier","tag-losses","tag-medallion","tag-month-of-january","tag-performance-record","tag-third-party","tag-value-investors"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8225","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=8225"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8225\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}