Blackstone seeds PDT, Ashenmil starts Jerica Capital, how hedge funds are trading big banks, news from the hiring front and more
By Chris ClairWhat’s news around the hedge fund industry for Wednesday, Oct. 10, 2012:
Around the web
Peter Muller’s PDT Partners LLC said to get $500 million from Blackstone. (Bloomberg)
Warren Ashenmil starts own hedge fund – Jerica Capital. (Hedgeweek)
Deepak Narula, Metacapital Management LP master Fed, beat funds with 500% gain. (Bloomberg)
Eureka: Hedge funds up 1%, Asia especially strong. (FINalternatives)
BlueMountain closes $1.4 billion credit fund. (FINalternatives)
In Gupta sentencing, a judgment call. (WSJ.com)
Starting a hedge fund – it’s easier than you think. (Benzinga)
Sales of Taco Bell’s Cantina Bell could prove Einhorn right about Chipotle. (Dow Jones Newswires, via Nasdaq)
Argentina says, ‘Arrh, no!’ to Paul Singer’s $20 million demand for seized ship. (New York Post)
Outsourcing boosts consultants’ hedge fund power. (AICIO)
Bankers growing more worried about student loans. (Life Inc.)
Private equity steps into European bank lending gap. (Reuters)
Super supremos rage against hedge fund fees. (The Australian)
Safran investor TCI slams aerospace company’s acquisition policy. (WSJ.com)
Structured credit a boon for investors. (Financial Times)
Vendors see the upside to CFTC Regulation 1.73. (FOW)
Hedge funds reap gains from MBS. (Financial Times)
How hedge funds are trading the big banks. (Insider Monkey)
Fundhost launches hedge fund admin business. (Investor Daily)
Florida state board’s infrastructure debut part of $125 billion in commitments. (Pensions & Investments)
New developments on the hedge fund hiring front. (HedgeFund.net)
People moves
HedgeMark taps new EMEA, Americas heads. (FINalternatives)
Jack Flaherty to head GAM U.S. fixed-income team. (FINalternatives)
Three executives said to leave NYSE’s Liffe amid shakeup. (Bloomberg Businessweek)
Commonfund brings on new executive – Eric Kolts – as MD for commodities group. (HedgeFund.net)
