The last days of MF Global, hedge funds’ magic number, 5 most influential women in hedge funds and more
By Chris ClairWhat’s news around the hedge fund industry for Thursday, May 10, 2012:
Around the web
The last seven days of MF Global: How it really went down. (The Motley Fool)
Goldman Sachs redeems $250 million in hedge fund stakes on Volcker. (Bloomberg)
$5 billion the ‘magic number’ for hedge funds. (Opalesque)
That JPMorgan Chase thing…. JPMorgan has $2 billion trading loss, reputation hit. (Reuters)
SALT I: Once shorting subprime, Kyle Bass now bullish on mortgage bonds. (DealBook)
SALT II: For Elliott Management’s Paul Singer, success lies in humility. (DealBook)
SALT III: A funny thing happened with Maroon 5 had to play for a bunch of hedge funders at SALT. (Clusterstock)
SkyBridge Alternatives Conference round-up, Day 1. (HFMWeek)
Falcone, Singer headline SALT Day One. (FINalternatives)
SEC charges Scotland-based firm for improperly boosting hedge fund client at expense of U.S. fund investors. (Securities and Exchange Commission)
Primary Global Research tipster Stanley Ng gets probation. (FINalternatives)
Phil Falcone hints at Harbinger IPO (Dealbreaker)
GlobeOp launches monthly Hedge Fund Performance Index. (GlobeOp)
Alternative investments continue to dominate Australia’s Future Fund portfolio. (Opalesque)
Grimm expects more than 100 signatures on MF Global probe request. (FOX Business)
Where has all the stock trading gone? (Bloomberg Businessweek)
Large, liquid, long-term, unlevered: Why everyone wants public pension capital. (AI CIO)
MF Global: Is independent counsel the answer? (Futures Magazine)
Confusion still reigns on Volcker rule date. (WSJ.com)
Houston Municipal Employees Pension Scheme makes hedge fund allocations. (Infovest21, via MFA Blog)
Nasdaq sets sights on ‘dark’ trading. (WSJ.com)
Analysis of proposed FATCA regulations. (VCExperts)
Fund managers fear Volcker rule impact on bonds. (MarketWatch)
Robin Hood Foundation throws party of the year. (Crain’s New York Business)
Institutions keen on activist hedges. (InvestmentNews)
Loeb says Yahoo quietly set record date for annual meeting. (DealBook)
Third Point: Get your Yahoo while you can. (Deal Journal)
Tom Steyer gives $20 million for corporate tax hike initiative. (The Sacramento Bee’s Capitol Alert blog)
How to buy … hedge funds: Exclusive investing club has its privileges, but often carries a high price. (MarketWatch)
Clinton Group’s George Hall ready to declare victory over Rumson bank. (New York Post)
Oil traders fear new regulations will lead to higher costs. (WSJ.com)
AIFMD to boost investor confidence in hedge funds. (Asian Banker)
Aubrey McClendon’s 2009 contract bars him from directing hedge funds. (The Oklahoman)
London finance bonuses to halve again in 2012: study. (Reuters, via NYT.com)
AOL outlines peace offering in Starboard Value fight. (WSJ.com)
SAC Capital discloses stake in Accretive Health. (The New York Times)
UBS Fund Services to launch New York operation. (HFMWeek)
Spring Mountain Capital eyes currency trades. (HFMWeek)
Concept Asset Management hits $500 million after first year. (HFMWeek)
ITC Investment Partners Corp. plans offshore vehicle to attract external money. (HFMWeek)
Liffe to recalculate commitments of traders reports on agri contracts. (Reuters)
Inside the commitments of traders report. (John Kemp on Reuters.com)
OTC derivatives market volume shrank in second half of 2012: BIS. (WSJ.com)
Hedge funds’ 5 most influential women. (InvestorPlace)
Bernanke gets 75% approval from investors in global poll. (Bloomberg)
People moves
Leopard Capital hired Peter de Vries as executive director and senior relationship manager in Hong Kong. He will build a marketing team there as Leopard readies several funds for launch later this year, according to a news release from the firm. de Vries previously worked at Upbest Financial Services.
Paul Crone has left Touradji Capital, spokesman says. (Bloomberg)
Instinet co-chief Anthony Abenante to leave amid shake-up. (eFinancialNews)
Perella Weinberg Partners hires Sandra Haas as partner and deputy head of asset management division. (HedgeFund.net)

