Paulson to talk with BofA, Phil Goldstein’s satire, VRS goes with Cevian, hedge fund assets climb and more
By Chris ClairWhat’s news around the hedge fund industry for Tuesday, Aug. 28, 2012:
Around the web
Paulson to talk with BofA. (WSJ.com)
Goldstein satirizes SEC delay on advertising rules. (FINalternatives)
Rocker-turned-hedge fund manager Gary Marks settles fraud lawsuit. (FINalternatives)
Rajat Gupta’s sentencing date moved up a day to Oct. 17. (Economic Times of India)
Virginia Retirement System invests with Cevian Capital. (Bloomberg, via FINalternatives)
Single-manager hedge funds see assets under management climb 5% in first-half of 2012. (PerTrac, via FINalternatives)
David Einhorn: Far from Wall Street and Silicon Valley, a focus on family ties. (DealBook)
OSC settles with Boaz Manor, but he can’t pay. (Toronto Globe and Mail)
The awesomely 80s Wall Street stuff in ‘Trader,’ the Paul Tudor Jones documentary. (Clusterstock)
LIBOR’s trillion-dollar question. (Bloomberg)
Finance is in need of a technological revolution. (Andrew Lo in the FT)
Dutch hedge funds buck global trend in second quarter: DNB. (IPE.com)
Unilever sees ‘return to poverty’ in Europe. (The Telegraph)
Form PF deadline looming. (HedgeFund.net)
California ballot spending led by Charles Munger, Thomas Steyer, George Joseph. (Bloomberg)
People moves
GoldenTree Asset Management hires Morgan Stanley’s Daniel Ornstein to co-head trading business. (Bloomberg)
Bonus limits spark exodus from Barclays energy trading unit. (Bloomberg)
