Mason’s scheme may backfire, Crispin Odey’s chickens, Tiger cubs to host Robertson’s 80th, casino markets and more
By Chris ClairWhat’s news around the hedge fund industry for Tuesday, Sept. 25, 2012:
Around the web
Seattle City Council votes to back Christopher Hansen’s NBA arena plan. (Reuters)
Mason Capital’s complex scheme may backfire, costing it millions. (DealBook)
Crispin Odey’s chickens come home to (a luxury) roost. (The Telegraph)
Easier investor exits at Eric Mindich’s Eton Park Capital Management. (New York Post)
India reviewing 20 hedge fund applications. (FINalternatives)
Fraudster David Mobley avoids prison redux. (FINalternatives)
Petters-linked Arrowhead Capital Management founder James Fry denies new charges. (FINalternatives)
Tiger cubs to host Julian Robertson’s 80th. (AR, via FINalternatives)
Wet Seal opposes Clinton Group’s board plans. (Bloomberg Businessweek)
Asia’s hedge funds find GDP growth doesn’t help returns. (Bloomberg)
SEC must put a stop to casino markets. (Leon Cooperman, Sal Arnuk and Joe Saluzzi in the FT)
State Street appointed by Danish investment firm Maj Invest to support newly launched fund. (Hedgeweek)
Ex-RBC, BofA traders leave Tandem Global Management to start fund at TIG Advisors. (Bloomberg)
Hedge funds play long game for profits. (Financial Times)
People moves
Attalus Capital hired Josh Silva as senior portfolio strategist. Previously Silva was managing director of equity derivatives trading at Credit Suisse in New York, according to a news release from the firm.
