Billionaires victimized, ruling against Bulldog, Apple’s Braeburn ‘hedge fund’, Ivy League endowments suffer and more
By Chris ClairWhat’s news around the hedge fund industry for Monday, Oct. 1, 2012:
Around the web will be taking a short break Oct. 2 through Oct. 8. We’ll pick back up on Oct. 9. Hey, everyone needs a rest now and then.
Around the web
Super-rich irony: Why do billionaires feel victimized by Obama? (Chrystia Freeland in the New Yorker)
Appeals court upholds ’short swing’ ruling against Bulldog Investors. (WSJ’s Law Blog)
Apple investing subsidiary Braeburn called ‘world’s biggest hedge fund’. (Silicon Valley/San Jose Business Journal)
Rothstein Kass expands into Boston office. (Boston Business Journal)
In case of Goldman programmer Sergey Aleynikov, a way around double jeopardy. (DealBook)
The bullish case for Goldman Sachs. (DealBook)
No big money from the Griffins this fall?. (Capitol Fax blog)
Wall Street prepares clients for Obama victory. (Daily Kos)
Centerbridge Partners’ credit fund to return $500 million. (FINalternatives)
Winton Capital Management chief David Harding paid £34 million in tax, calls on others to ‘pay their share’. (The Telegraph, via FINalternatives)
Taylor Alternative Mutual Funds launches managed futures mutual fund. (FINalternatives)
Hedge fund AUM hits $2.6 trillion in August. (FINalternatives)
Bryan Garnier Asset Management launches Malta-based UCITS platform. (FINalternatives)
Republican money managers emerge in bid to shape Illinois politics. (Chicago Tribune)
Wet Seal says Clinton Group engaged in day trading; fires back on board replacements. (WSJ.com)
Hot new CTAs: Not your father’s option traders. (Futures Magazine)
Ivy League endowments suffer from soft returns. (Toronto Globe and Mail)
U.K. banks must lend more and build defenses: regulator. (Reuters)
People moves
Greenpark Capital taps Daniel Green as CIO. (FINalternatives)
AIMA taps Michelle Noyes as new U.S. COO. (FINalternatives)
