What’s news around the hedge fund industry for Thursday, Feb. 9, 2012:

Around the web

T2 Partners up 12.6% in January: Letter. (Dow Jones Newswires, via Fox Business)

CP Rail’s chief fires back at critics. (Toronto Globe and Mail)

Short selling: Getting to the naked truth. (The Economist)

Falcone’s Harbinger Capital Partners said to borrow $190 million from Jefferies at 15% interest. (Bloomberg)

A lawsuit accuses Relativity Media and Fortress Investment Group of fraud. (The NYT’s Media Decoder blog)

MF Global customers protest ‘wrongful act’ insurance. (WSJ.com)

TCI goes where other funds fear to tread. (Financial Times)

Hedge fund loss at Merchant snaps seven gains in ‘ugly year’. (Bloomberg)

Experts weigh in on distressed debt. (HedgeFund.net)

Cook County Employees’ and Officers Annuity & Benefit Fund hires first funds of hedge funds. (HFMWeek)

Texas County & District Retiremenet Systems commits $305 million to fresh hedge fund hires Asian Century Quest and Graham Global Investment Fund. (HFMWeek)

KPMG: FATCA draft could reduce costs by $10 billion. (HFMWeek)

U.S. plans to sue banks over bonds. (WSJ.com)

A first for UBS: Bonus clawbacks. (WSJ.com)

People moves

Hazel Tree hires Sandeep Rawal as new tech chief. (HedgeFund.net)

This entry was posted on Thursday, February 9th, 2012 at 6:27 pm and is filed under Daily News, Economics, News Roundup. 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.