What’s news around the hedge fund industry for Wednesday, March 7, 2012:

Around the web

Hedge funds post best start to year since 2000. (Opalesque)

Brevan Howard overtakes Paulson & Co. as world’s top hedge fund. (HFMWeek)

Lampert is No. 1 hedge fund manager: Insider Monkey. (South Florida Business Journal)

Consultants top HFMWeek investor influence list. (HFMWeek)

Goldman begins 2-year hedge fund wind-down per Volcker rule. (Dow Jones Newswires, via 4-Traders.com)

Swanky spots are on Lehman sale list. (St. Louis Post-Dispatch)

Futures firms weigh new client practices after MF Global revealed snags. (Dow Jones Newswires, via Fox Business)

Gensler urges global accord on OTC derivatives margin rules. (Bloomberg)

Dodd-Frank rules slow at SEC after court cost benefit challenge. (Bloomberg)

Investors will shoulder price of bank regulation. (Financial Times)

CME strengthens ties with Brazil platform. (Financial Times)

Swaps participants gear up for July reporting deadline. (Wall Street & Technology)

Is MF Global a deadbeat dad? (WSJ’s Bankruptcy Beat blog)

Germany eyes rules for ’shadow banks’. (MarketWatch)

Tackling the CFTC’s block trading rule. (TabbForum, registration required but worth it)

Centerbridge Partners’ Jeffrey Aronson buys stress-free Central Park West roost for $13.1 million. (New York Observer)

Bill Clinton is said to have agreed to join Obama at campaign fundraisers. (Bloomberg)

AM Capital achieved double-digit returns in February. (Opalesque)

Citi’s $15 billion Man AHL contract to begin in June. (HFMWeek)

Former Thales Fund Management CIO Kevin Ershov launches maiden hedge fund – Battery Park Asset Management. (HFMWeek)

Fund of funds reshuffles offering ahead of Solvency II. (HFMWeek)

TMF Group takeover of Custom House moves closer. (HFMWeek)

‘Surprise’ jump in Man Group share price reflects investor relief. (HFMWeek)

John Wimsatt, Keith Koeferl join forces to launch Sunyata Global. (HFMWeek)

Cuzco Capital Investment Management plans offshore offering for mid-second quarter. (HFMWeek)

Odey Asset Management now has 11% STV stake. (Herald Scotland)

Why Citigroup, a hedge fund favorite, could clobber believers again. (Forbes)

Oaktree Capital Management is said to raise $4 billion fund to buy distressed European assets. (Forbes)

Harvard Savings Bank ‘under attack’ by Stilwell Value Partners. (Crain’s Chicago Business)

JHL Capital Group disputes transfers at Clear Channel. (WSJ.com)

Sprint to junk LightSquared deal. (FINalternatives)

Goldman power trader Phil Beatty leaves, may start hedge fund. (SparkSpread, via FINalternatives)

Madam had millionaire clients, including hedge fundies, led life of suburban mom. (New York Post)

MF Global: ‘Mr. Vaporized’ unmasked? (Managed Futures Education Center)

Leon Cooperman’s Omega Advisors starts stake in home loan servicing solutions. (Market Folly)

Vulture picks: Morgan Stanley trade ideas for distressed investing. (WSJ’s MarketBeat blog)

Nadel Ponzi scheme property to go to auction. (Tampa Bay Business Journal)

Samsung Securities gains edge in hedge funds. (Korea Joongang Daily)

Tokyo Commodity Exchange to seek capital, business tie-up with CME: report. (Reuters)

And the follow-up: Tokyo Commodity Exchange denies it plans to seek capital from CME. (Reuters)

People moves

Newedge named Marc Lorin deputy head of Alternative Investment Solutions origination and structuring for the Americas. He will oversee Newedge’s prime brokerage sales team with a focus on liquid alternatives like hedge funds, commodity trading advisers and structuring managed accounts for alternatives investors, according to a news release from Newedge. Lorin has been on the U.S. origination and structuring team since 2010. Newedge also James Shekerdemian as head of origination and structuring for the EMEA region. He previously worked on the EMEA Prime Brokerage Sales and Origination Team at JPMorgan. Additionally Newedge named Charles Hill deputy head of origination and structuring on the Alternative Investment Solutions team. He has been with Newedge since 2002.

This entry was posted on Wednesday, March 7th, 2012 at 6:07 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.