{"id":55469,"date":"2016-12-01T09:01:05","date_gmt":"2016-12-01T14:01:05","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=55469"},"modified":"2016-12-01T09:01:05","modified_gmt":"2016-12-01T14:01:05","slug":"tech-investor-glade-brook-to-shut-hedge-fund-favors-narrower-bets","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/12\/2016\/tech-investor-glade-brook-to-shut-hedge-fund-favors-narrower-bets.html","title":{"rendered":"Tech Investor Glade Brook to Shut Hedge Fund, Favors Narrower Bets"},"content":{"rendered":"<p>(Reuters) Glade Brook Capital Partners LLC is shutting its original hedge fund in favor of a new series of vehicles focused on big bets in public securities, it said in a letter to investors on Tuesday.The change comes as the hedge fund has lost about 8 percent so far this year, after an average annual gain of about 8 percent since inception in 2011. The fund&#8217;s assets peaked at about $900 million in 2014, but have declined as the firm has increasingly focused on private companies.<\/p>\n<p>Glade Brook&#8217;s new funds will focus on a very small number of investments in publicly traded companies, an unusual approach among hedge funds, which tend bet on a wide range of securities, a source familiar with the situation said.<\/p>\n<p><a href=\"http:\/\/Tech Investor Glade Brook to Shut Hedge Fund, Favors Narrower Bets\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Glade Brook Capital Partners LLC is shutting its original hedge fund in favor of a new series of vehicles focused on big bets in public securities, it said in a letter to investors on Tuesday.The change comes as the [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-55469","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=55469"}],"version-history":[{"count":1,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55469\/revisions"}],"predecessor-version":[{"id":55470,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55469\/revisions\/55470"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=55469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=55469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=55469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}