What’s news around the hedge fund industry for Wednesday, Feb. 15, 2012:

Around the web

Dow Jones Credit Suisse Hedge Fund Index up 2.34% in January. (PRNewswire)

RBC Hedge 250 Index up 1.68% in January. (FINalternatives)

Obama returns to NYC for first Wall Street fundraiser of 2012. (Bloomberg)

Event-driven funds bet on GlobeOp takeover. (HFMWeek)

Morgan Stanley to raise $1 billion for SAC Capital Advisors, KLS Diversified Asset Management. (HFMWeek)

John Paulson says euro will probably unravel. (Bloomberg)

Hedge funds catch Hepatitis C fever. (TheStreet.com)

Investors who profited from housing bust are going long. (Bloomberg, via Crain’s New York Business)

Trading Technology 30: BlueMountain Capital’s Michael Liberman. (Institutional Investor)

LI(E)BORgate set to become ‘next big litigation thing’ as lawsuits against LIBOR banks avalanche. (ZeroHedge)

SEC receives 15,000 comments on Volcker rule proposal. (Los Angeles Times)

The Volcker rule’s unusual critics. (DealBook) What do Goldman Sachs, Red Lobster and Macy’s have in common?

Goldman’s John F.W. Rogers says Volcker rule could increase financial risk. (Bloomberg)

CME warns of Volcker rule effect on Treasuries. (Financial Times)

Contour Asset Management opens flagship hedge fund to outside investors. (HFMWeek)

Cantor Fitzgerald plans foray into hedge fund seeding. (Dow Jones Newswires)

Brevan Howard Asset Management’s Christopher Cecere protests innocence in Citi manipulation case. (FINalternatives)

Vulture funds prepare to battle Greek default. (International Financing Review)

Penniless Francisco Illarramendi gets court-appointed attorney as receiver sues for alleged bribes. (FINalternatives)

Soured hedge fund deal at center of bizarre fraud case. (FINalternatives)

‘Non, nein, no’: London Mayor Boris Johnson reacts to new E.U. financial transaction tax. (London Evening Standard)

Greece is broken, and can’t be fixed. (Felix Salmon)

The costs of switching investment managers. (Pensions & Investments)

Pentagon Capital, closed U.K. hedge fund, ordered to pay $78.6 million. (Bloomberg)

Goldman seeks Volcker exception for mezzanine funds. (FINalternatives)

Ex-Merrill broker boss Lyle LaMothe slams bank on client focus. (Reuters)

Paper: High correlation between equities, commodities is unsustainable. (AI CIO)

Three Louisiana pension funds seek liquidation of Fletcher Asset Management hedge fund. (WSJ.com)

Third Avenue Management investing in Millstein & Co.. (WSJ.com)

Polygon Investment Partners’ lawsuit against Tetragon Financial dismissed by U.S. judge. (Bloomberg Businessweek)

The pessimistic billionaire: Peter Thiel has made a fortune as an investor. Why is he so worried about the future?. (The Daily Beast)

TPG posts offer to GlobeOp as pressure mounts on rival SS&C. (WSJ.com)

America’s export to Canada: shareholder activism. (DealBook)

CAIA names PAAMCO’s Jane Buchan as board’s chairman. (WSJ.com)

HSBC targets emerging hedgie talent via fund launch. (Citywire)

CME warns of Volcker rule effect on Treasuries. (Financial Times)

Hazard of the trade: bankers’ health. (WSJ.com)

Duet Group launches aggressive version of flagship fund. (HFMWeek)

Big-name funds recover with a strong January. (HFMWeek)

Deutsche Bank managed account offering overtakes Lyxor Asset Management. (HFMWeek)

Lyford Group International adds macro fund to dbSelect platform. (HFMWeek)

Global Credit Advisers attracts $100 million in fresh allocations. (HFMWeek)

Acta platform to replace funds of hedge funds with UCITS offerings. (HFMWeek)

Lumina Fund Management launches flagship long/short equity offering. (HFMWeek)

Queenscliff Partners fund starts initial phase of launch. (HFMWeek)

Vistra Fund Services launches new Hong Kong operation. (HFMWeek)

Highfields Capital increases holdings in News Corp. (Bloomberg)

Falcone’s Harbinger Capital seeking to sell ferrous stake to repay Jefferies loan. (Bloomberg)

Lansdowne Partners buys Google, Amazon while selling its stake in IBM. (Bloomberg)

Citi providing Credit Suisse with hedge fund services. (HedgeFund.net)

Reining in the bond markets – public policy in a context of ideological capture. (Daily Kos)

Euro crisis: Losing patience with Greece. (BBC)

Saudi strife could send gas to $8 a gallon. (Forbes)

People moves

U.S. Attorney’s Office names Marc P. Berger new chief of securities fraud unit. (DealBook)

Aequitas Capital Management adds Jonathan Wease and Brian Zeck to asset-backed securities team. (FINalternatives)

Lehigh University endowment hires former Princeton Theological Seminary investment pro Corey Galstan. (HFMWeek)

Former Deutsche Bank portfolio managers Scott Martin and C.J. Lanktree join Solus Alternative Asset Management. (HedgeFund.net)

This entry was posted on Wednesday, February 15th, 2012 at 6:41 pm and is filed under 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.