What’s news around the hedge fund industry for Wednesday, Aug. 22, 2012:

Around the web

U.K. banks face scandal over toxic insurance products. (Reuters)

A quick end to TARP means a smaller payoff for taxpayers. (DealBook)

Goldman VIP stock list lets you invest like a hedge fund. (Contra Costa (Calif.) Times)

Apple at root of Tiger Global profits. (New York Post)

The dance between Belize and its bondholders. (DealBook)

North American hedge funds back at asset peak. (FINalternatives)

BoCI seeks to ramp up prime brokerage. (Asian Investor)

Ignis readies new fund for new hire. (FINalternatives)

Texas Employees Retirement System commits up to $405 million to Arrowgrass Capital Partners, MKP Capital Management, Southpaw Asset Management and Claren Road Asset Management. (Pensions & Investments, via FINalternatives)

Court rules for Touradji Capital Management on ex-employee’s computer files. (FINalternatives)

Canadian hedge funds rise in July. (FINalternatives)

BofAML: hedge funds up 0.25% mid-August. (FINalternatives)

Standard General Fund files to become majority owner of New Young Broadcasting Holding Co. Inc.. (The Tennessean)

Icahn withdraws offer to take CVR Energy private. (DealBook)

Restoring trust in the futures market. (DealBook)

Time to treat high-speed trading like another risk to manage. (WSJ.com)

The hedge fund industry’s summer habits. (HedgeFund.net)

Hedge funds in give-back mode. (HedgeFund.net)

Russia and China in WTO – a world apart. (Reuters)

People moves

KPMG adds 5 for alternatives team. (FINalternatives)

This entry was posted on Wednesday, August 22nd, 2012 at 6:23 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.