Man Group buoyed by takeover talk, Lehman’s JPM lawsuit, Jana’s B&N stake, more on MF Global and more
By Chris ClairWhat’s news around the hedge fund industry for Tuesday, April 24, 2012:
Around the web
Man Group buoyed by takeover talk. (The Telegraph)
Judge dismisses some of Lehman’s $8.6 billion suit against JPMorgan. (Dow Jones Newswires)
Jana Partners takes 12% stake in Barnes & Noble, shares jump. (Fox Business News)
Whitney Tilson: We just bought more Netflix and ‘we think the market is giving us a gift’. (CNBC, via Business Insider)
Congress takes fresh look at MF Global. (DealBook)
Introducing Portland’s $4 billion hedge fund of funds: Common Sense Investment Management. (Portland Business Journal)
Sen. Shelby takes aim at regulatory ‘failure’ in MF Global hearing. (DealBook)
Europe: Things fall apart. (BBC)
Ackman unimpressed with CP’s results. (Toronto Globe and Mail)
Mason Capital bashes Telus share plan. (Toronto Globe and Mail)
Expect hedge funds to start pitching you. (Tacoma News-Tribune)
Hedge funds cut bullish wagers by the most in four months. (Bloomberg)
Tax fog forces hedge fund shift to Singapore. (DNA India)
JOBS Act to revolutionize hedge fund marketing, says Agecroft’s Don Steinbrugge. (HFMWeek)
Chicago’s GalNet offers first fund to outside investors. (HFMWeek)
People moves
HedgeMark Advisors recruits new COO from Deutsche Bank, Joshua Kestler. (HFMWeek)
