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‘A Fatal Debt’, John Paulson’s portfolio additions, Paul Singer’s legal battles, Sam Israel III is a liar and more

By Chris Clair

What’s news around the hedge fund industry for Tuesday, June 26, 2012:

Around the web

John Gapper’s novel about Wall Street, “A Fatal Debt,” borrows from life. (DealBook)

Recent shareholder of Kennametal, Atlantic Investment Management’s Alexander Ropes, walks familiar path. (Pittsburgh Post-Gazette)

Three of John Paulson’s largest portfolio additions. (Benzinga)

High court won’t hear Paul Singer’s $2 billion Argentine beef. (New York Post)

Paul Singer’s hedge funds fights Mexico elite in legal showdown. (Bloomberg)

National education reform group’s spending down. (Reuters)

Samuel Israel III: A con man who lives between truth and fiction. (DealBook)

Transparency ranks above performance in selecting new manager. (IPE.com)

Futures exchanges gear up for regulatory reforms. (Reuters)

The Great Migration: Hedge funds and the move into central clearing. (Hedgeweek)

LIBOR guardians said to resist changes to broken benchmark rate. (Bloomberg)

Gottex nominates board members, approves share buyback. (HedgeFund.net)

Ohio School Employees’ Retirement System commits $30 million to Manatuck Hill. (Pensions & Investments)

People moves

Phoenix Investment Adviser hired Rachel Craft as vice president of business development and investor relations, according to a news release from the firm. Previously she worked at Credit Suisse in debt capital markets.

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