Pivotal shuts down, York Capital fund up in August, Graham Capital’s pension inflows, a hedge fund infographic and more
By Chris ClairWhat’s news around the hedge fund industry for Wednesday, Sept. 12, 2012:
Around the web
Pivotal Investments shuts down. (Investments & Pensions Asia)
York Capital Management’s flagship hedge fund up 3% in August. (ValueWalk)
Hedge funds see September inflows: SS&C GlobeOp. (FINalternatives)
MBIA hit with new suit from CQS calling 2009 restructuring a $5 billion fraud . (Thomson Reuters News & Insight)
New Bridgewater HQ: Consultant may review Stamford boat yard plan. (Stamford (Conn.) Advocate)
Graham Capital Management nets nearly $200 million from pensions. (HFMWeek, via FINalternatives)
Corgentum Consulting opens San Francisco office. (Opalesque)
Direct Access Partners to acquires I.A. Englander’s derivatives team. (FINalternatives)
Chesapeake Energy gets breathing room with $6.9 billion asset sales. (Reuters)
Why AIG may not be able to avoid the Volcker rule. (DealBook)
JPMorgan reshuffles its operations again. (DealBook)
Aberdeen’s Fiona Gillespie sees light on the eurozone horizon. (Citywire)
PerTrac releases new infographic illuminating the world of hedge funds. (PerTrac)
UBS credit default swaps trade system shows clients like live prices. (Bloomberg Businessweek)
Want to blunt high-frequency trading? Australia has a plan. (WSJ’s MarketBeat blog)
Trading industry ponders remedies as software malfunctions multiply. (Traders Magazine)
Brevan Howard credit fund gains on JPMorgan CDS disaster. (FINalternatives)
Baupost files hot put-back complaint vs. Bear Stearns. (Thomson Reuters News & Insight)
Spotlight on Form PF filings. (HedgeFund.net)
Seattle city council ready to sign off on Christopher Hansen’s Sodo arena deal. (Bellevue (Wash.) Reporter)
Morgan Stanley, Citigroup settle brokerage dispute. (Reuters)
People moves
Legg Mason CEO Mark Fettig stepping down. (Reuters)
Capula Investment Management LLP hired Steven Heanly from Angelo Gordon to trade debt. (Bloomberg Businessweek)
Third Avenue Management hired David L. Resnick as President. Previously he was chairman of Rothschild Inc.’s global financing advisory practice.
