What’s news around the hedge fund industry for Wednesday, May 23, 2012:
Around the web
TCI drops charges against green ministry. (Business Standard)
New York pension fund assets hit $150 billion, near peak. (Reuters, via Yahoo News)
AMR debt holders organize to weigh potential offers. (Tulsa World)
Sun-Times owner Wrapports buys Chicago Reader. (Chicago Tribune)
Venor Capital Management hired Eileen Mancera as managing director for business development. Before joining Venor, Mancera headed up institutional initiatives for the marketing group of Morgan Creek Capital Management.