{"id":9808,"date":"2009-02-05T00:00:00","date_gmt":"2009-02-05T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"a-hedge-fund-gambles-on-death","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2009\/a-hedge-fund-gambles-on-death.html","title":{"rendered":"A Hedge Fund Gambles on Death"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" height=\"1\" src=\"http:\/\/feeds2.feedburner.com\/~r\/bw_rss\/investor\/~4\/3Kr2_5bDrrw\" width=\"1\" border=\"0\" \/>BusinessWeek &#8211; The market for exotic securities hasn&rsquo;t entirely gone away. It&rsquo;s just gone underground&mdash;-six feet under, to be precise.<\/p>\n<p>Hedge fund Davidson Kempner Capital Management is plunging into life settlements&mdash;a market in which speculators buy-up unwanted life insurance policies from wealthy individuals looking to score some quick cash. The $10 billion New York-based fund is planning on selling so-called &ldquo;death bonds&rdquo; to overseas investors, as part of a plan to potentially raise cash to finance its life settlements acquisition business. <\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.businessweek.com\/investing\/wall_street_news_blog\/archives\/2009\/02\/a_hedge_fund_ga.html?campaign_id=rss_null\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BusinessWeek &#8211; The market for exotic securities hasn&rsquo;t entirely gone away. It&rsquo;s just gone underground&mdash;-six feet under, to be precise. Hedge fund Davidson Kempner Capital Management is plunging into life settlements&mdash;a market in which speculators buy-up unwanted life insurance policies [&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":[3491,3004,5276,1614,3897,261,7015,7017,7016,7018,4477,5597],"class_list":["post-9808","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-acquisition","tag-bonds","tag-businessweek","tag-davidson-kempner-capital","tag-davidson-kempner-capital-management","tag-insurance","tag-life-insurance-policies","tag-life-settlements","tag-overseas-investors","tag-six-feet","tag-speculators","tag-wealthy-individuals"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9808","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=9808"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9808\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}