What’s news around the hedge fund industry for Monday, July 23, 2012:

Around the web

Telus counters ‘misleading allegations’ from Globalive, Mason Capital. (Financial Post)

Wet Seal fires CEO, Clinton Group urges sale. (Dow Jones Newswires, via WSJ.com)

Vulture funds ramp up as more cities go bust. (New York Post)

Finding recourse when investors are cheated. (DealBook)

Ackman protégé Scott Ferguson to leave Pershing to start own fund. (Bloomberg Businessweek)

Hedge funds largely ignorant of environmental, social and governance principles: Probus Sigma. (IPE.com)

Speculators reverse bets against higher oil prices. (MarketWatch)

Avenue Capital takes chance on euro zone. (NYT.com)

Boaz Weinstein buys Huguette M. Clark’s Fifth Avenue penthouse for $25.5 million. (NYT’s City Room blog)

U.S. banks spawn 10,000 units worldwide to cut taxes. (Bloomberg)

JANA Partners shifts co-founder, co-portfolio manager Gary Claar to advisory role. (Absolute Return)

Bill Browder’s crusade against Vladimir Putin. (Spiegel)

Former Sen. Christopher Dodd (D-Conn.) on why Dodd-Frank is necessary. (Politico.com)

CFTC’s Bart Chilton sees silver probe concluding this year. (Bloomberg)

Gold expert Juan Carlos Artigas with advice for hedge funds. (HedgeFund.net)

Gottex looks to expand LUMA hedge platform through U.S. partnership. (InvestmentEurope)

Hatteras Funds will host meet-the-hedge-fund-managers road show. (HedgeFund.net)

Ion Torrent vies for $10 million genome prize. (Reuters) Notable for its reference near the end to a 107-year-old hedge fund manager. Anyone know who that might be?

Judge confirms Tribune plan to emerge from bankruptcy. (Chicago Tribune)

This entry was posted on Monday, July 23rd, 2012 at 7:51 pm and is filed under News Roundup. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.