Hedge fund solicitation rules delayed, the carried interest loophole, new hedge funds abound and more
By Chris ClairWhat’s news around the hedge fund industry for Friday, Aug. 17, 2012:
Around the web
Column: The familial consequences of insider trading. ( Reuters)
Travelodge agrees to financial restructuring. (The Telegraph, via Yahoo Finance)
Doug Whitman’s insider trial comes to a close. (WSJ.com)
SEC delays rules on hedge fund soliciting. (WSJ.com)
What is the carried interest loophole and why doesn’t Mitt Romney want to close it? (Ezra Klein in the Washington Post)
Farallon Capital’s Thomas Steyer donates $500K to oppose Prop 32 in California. (Sacramento Bee’s State Worker blog)
New hedge funds abound, despite tepid industry performance. (DealBook)
MassPRIM: No regrets over breaking up with funds of funds. (AI CIO)
Anchor Capital Advisors acquires Moody Aldrich Partners’ focused value strategy. (FINalternatives)
Empiric Asset Management launches MLP-focused fund. (FINalternatives)
TPG eyes deal for London office block. (Financial Times)
People moves
Deutsche Bank debt analyst Scott Hoffman to Brigade Capital Management. (FINalternatives)
Former research head Jim Xiong returns to QFS Asset Management. (FINalternatives)
Permal Group hires Sussex Partners’ Katie Jupp. (FINalternatives)
