{"id":8571,"date":"2008-09-10T00:00:00","date_gmt":"2008-09-10T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"rab-capital-plans-to-revamp-flagship-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2008\/rab-capital-plans-to-revamp-flagship-fund.html","title":{"rendered":"RAB Capital plans to revamp flagship fund"},"content":{"rendered":"<p>Financial Times &#8211; RAB Capital is planning to restructure its flagship hedge fund, which plunged more than a third this year, and offering investors lower fees in return for agreeing not to withdraw their money for three years.<\/p>\n<p>It is unclear how much of the $1.4bn that RAB Special Situations had at the end of June will be locked up for three years.<\/p>\n<p>But any agreement to limit withdrawals could be good for the London-based fund, much of which is invested in hard-to-sell Aim-listed shares and private equity.<\/p>\n<p>RAB is the latest in a series of hedge funds to offer discounts to investors who agree to stick with a poorly performing manager. Others include Ore Hill, the New York credit fund half-owned by London&#8217;s Man Group.<\/p>\n<p>According to people familiar with the requests, RAB could announce the restructuring within a few days.<\/p>\n<p><a href=\"http:\/\/www.ft.com\/cms\/s\/0\/38ec44ae-7ed0-11dd-b1af-000077b07658.html?nclick_check=1\" target=\"_self\">Read Complete Article<\/a>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial Times &#8211; RAB Capital is planning to restructure its flagship hedge fund, which plunged more than a third this year, and offering investors lower fees in return for agreeing not to withdraw their money for three years. It is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,4],"tags":[314,2472,1420,720,461,406,83,1339,712,2516,47,2595,1938],"class_list":["post-8571","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-launches","category-syndicated","tag-finance","tag-footsteps","tag-foreign-markets","tag-fund-managers","tag-home-loans","tag-investment-funds","tag-medallion","tag-oeh","tag-spokesperson","tag-srm","tag-third-party","tag-treasury","tag-when-retirees"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8571","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=8571"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8571\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}