Hedge funds go to war with Barnier, new Sebi rules, changing of the hedge fund guard, Icahn claims CVR victory and more
By Chris ClairWhat’s news around the hedge fund industry for Tuesday, April 3, 2012:
Around the web
Wall Street banks to reshuffle top traders ahead of Volcker rule. (The Telegraph)
Hedge funds try new approach in India. (WSJ.com)
Sebi rules pave way for India’s own hedge funds. (Financial Chronicle)
Stark Investments to raise $39.5 million for mortgage fund. (Milwaukee Business Journal)
E.U. powers under fresh scrutiny in hedge fund regulation fight. (WSJ.com)
Icahn claims victory in CVR fight. (DealBook)
Denmark’s PKA sets up investment unit to focus on alternatives. (IPE.com)
Big European dividends make some shareholders wary. (Reuters)
Korea a ripe market for high-frequency trading: expert. (The Korea Herald)
Dame Amelia offers hedge funds a regulatory window. (Toronto Globe and Mail)
Why Goldman’s turned neutral on commodities. (Citywire)
Hedgies go to war with E.U.’s Michel Barnier. (City AM)
E.U.’s Barnier rejects ‘intimidation’ on draft hedge fund rules. (Bloomberg)
The European Commission is now run by City skeptics: an insider’s view. (City AM)
An FDA for securities could help avert crises. (Bloomberg)
OTC derivatives: if the CCP fits. (Financial Times)
ISDA gets 112 signatories to muni CDS ‘big bang’ protocols. (WSJ.com)
Stonehenge Asset Management launches third multi-strategy hedge fund. (HFMWeek)
Pentagon Capital Management ordered to pay $98 million fine. (HedgeFund.net)
Spring Mountain adds new unit to firm. (HedgeFund.net)
Fund of hedge funds industry is all about niches. (HedgeFund.net)
SEC’s risk monitors home in on boards. (Financial Times)
Judge approves MF Global unit sale. (New York Post)
Changing of the guard for hedge funds. (Forbes)
People moves
Falcon Edge swoops for CQS and Lansdowne talent. (HFMWeek)
Permal makes senior business development and investment hire. (HFMWeek)
