Hedge fund tax breaks in Cantor plan, Dan Loeb’s protest song, new Czech fund, Birinyi bullish and more
By Chris ClairWhat’s news around the hedge fund industry for Thursday, March 8, 2012:
Around the web
Hedge fund tax break may come in Eric Cantor’s small business plan. (Bloomberg)
Kids are the ultimate winners at annual private equity vs. hedge funds basketball game. (WSJ’s Private Equity Beat blog)
Wall Street bonuses may surge 20% this year: Johnson Associates. (Bloomberg)
A strong start to 2012 for hedge funds. (DealBook)
King Street Capital Management Europe fund rebounds after down year: Letter. (WSJ.com)
Hedge fund manager/singer-songwriter Dan Loeb pens protest song for today’s oppressed. (DealBook)
Ex-FrontPoint Partners manager Stephen Czech eyes $1.5 billion for new Czech Asset Management fund. (FINalternatives)
Laszlo Birinyi still bullish on U.S. stocks. (Bloomberg)
Ray Dalio – man and machine: The economic ideas of the world’s most successful hedge fund boss. (The Economist)
Third Point, Greenlight up in Feb.. (FINalternatives)
Willliam Ackman on the fast food industry, booksellers, retail and the economy. (Market Folly)
Japanese trader Yoshihito Asakawa readies credit hedge fund. (FINalternatives)
Hovde Capital Advisors’ Eric Hovde announces for Wisconsin senate seat. (FINalternatives)
Valiant Capital Management’s Chris Hansen moving forward with Seattle arena plans. (FINalternatives)
More hedge funds tap ETFs. (ETF Trends)
Institutions urged to conduct their own hedge fund due diligence. (WSJ.com)
MF Global customers call trustee’s demands ‘unwarranted’. (Bloomberg)
How lucky are Greece’s bondholders? (Felix Salmon)
Central bank attempt to sucker retail investors back into stocks has failed. (ZeroHedge)
CBOE executive put on leave amid SEC probe. (WSJ.com)
Arabian investors remain skeptical of hedge funds. (Arabian Money)
CME to offer swaps users cash protection that beats CFTC rule. (Bloomberg)
U.K. bank body says it’s fully committed to LIBOR. (Reuters)
Is there a better alternative to central clearing of swaps. (Wall Street & Technology)
Inflation options market booms. (International Financing Review)
Japan said to weigh extending AIJ suspension as probe widens to Hong Kong. (Bloomberg)
AIJ Investment Advisors Co. client Human Holdings seeks compensation for losses as shares tumble. (Bloomberg)
Rule Financial acquires Waterline Group. (HedgeFund.net)
HedgeFund.net Q4 2011 administrator survey. (HedgeFund.net)
Lighthouse Partners pairs up with 361 Capital. (HedgeFund.net)
Morgan Stanley puts broker David S. Walker on leave in Anna Gristina madam case. (Reuters)
People moves
Citco vet Stephanie Miller joins JPMorgan Worldwide Securities Services. (FINalternatives)
Cantor Fitzgerald hires two – John Fiore and Marc Young – for prime services. (FINalternatives)
Henry Silverman joins Guggenheim Partners. (DealBook)

