What’s news around the hedge fund industry for Tuesday, April 5, 2011:

Around the web

The ‘With Friends Like This’ Dept: Chiesi told Rajaratnam she ‘played’ friend like ‘piano. (Bloomberg)

Didn’t we all: Hedge funds had ‘challenging’ March. (WSJ.com)

Fairfax County to consider hedge fund increase. (HFMWeek)

Ex-BP chief Hayward in talks to set up fund. (Financial Times)

Kay Haigh and her team quit Deutsche Bank to launch Avantium Investment Management. (WSJ.com)

Duet Group’s commodities fund returns 6.5% after energy gains. (Bloomberg)

Charter Hall said to seek bids for $1.7 billion U.S. assets. (Bloomberg)

Nelson Peltz says governance changes put ‘untouchables’ within reach. (Bloomberg)

Lehman competitors, including Goldman, said to draft competing plan. (Bloomberg)

Tiger Management launches co-seeding fund. (Absolute Return + Alpha)

Barry Minkow’s guilty plea ends tale of redemption. (WSJ.com)

Funds of hedge funds and the value of values. (Hedge Fund Intelligence)

Goldman U.K. executive Julian Metherell quitting to join investment firm being started by former BP CEO Tony Hayward. (WSJ.com)

How Wachovia laundered billions from Mexico’s murderous drug gangs. (The Guardian)

Uncle Sam should embrace absolute return UCITS. (Hedge Fund Intelligence)

Medley Capital acquires hedge fund manager Viathon Capital. (HedgeCo.net)

Funds threaten Glencore over IPO price. (The Australian)

This entry was posted on Tuesday, April 5th, 2011 at 11:26 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.