Hedge fund liquidations up, Kingsbrook shutting down, Moore Capital cuts jobs, Grosvenor seeds Engaged and more
By Chris ClairWhat’s news around the hedge fund industry for Thursday, Sept. 13, 2012:
Around the web
Hedge fund liquidations up 14% in the first half of 2012: HFR. (FINalternatives)
Highbridge Capital Management vets Adam Chill, Ari Storch and Scott Wallace to close Kingsbrook Partners. (FINalternatives)
Hedge fund seeding for institutional investors. (Plan Sponsor)
A warning on bank complexity, from someone who would know – Sallie Krawcheck. (DealBook)
Moore Capital Management said to cut positions amid equity restructuring. (Bloomberg)
Grosvenor Capital Management seeds activist manager Engaged Capital. (FINalternatives)
Mason Capital to appeal Telus court victory. (FINalternatives)
Hedge Fund Association wants clear accreditation rules. (FINalternatives)
August euro rally catches funds by surprise. (WSJ.com)
Jana Partners makes quick work of Barnes & Noble stake. (Forbes)
Asia-Pacific watchdogs consider range of HFT curbs. (The Trade News)
Derivatives markets regulation: Unintended consequences. (The Economist’s Free Exchange blog)
Derivatives markets volumes unmoved by looming reforms. (The Trade News)
Congress to take a closer look at computer driven trading. (WSJ.com)
Treesdale Partners launches macro fund. (HedgeFund.net)
Yale Chief Investment Officer David Swensen diagnosed with cancer. (Yale Daily News)
People moves
Oak Hill Advisors hired Dalia Cohen and Eric Storch as managing directors. Cohen will serve as head of investor relations while Storch will be responsible for business development, client coverage and marketing, according to a news release from the firm. Cohen previously worked at JLL Partners where she headed up marketing and client coverage. Storch was a managing director and co-head of institutional marketing at GSO’s Customized Credit Strategies Group.
David Cranston rejoins Investcorp. (FINalternatives)
