What’s news around the hedge fund industry for Tuesday, Oct. 23, 2012:

Around the web

LightSquared executives get $6 million in bonuses approved by judge. (Deal Journal)

How the Fed began rigging the stock market. (New York Post)

Was there a bankruptcy alternative for the automakers? (DealBook)

Ex-Citadel portfolio manager Kevin Scherer to start Continuum Investment Management. (Bloomberg)

UBS special situations head Cesar Gueikian said to quit to start own fund. (Bloomberg)

Prosecutors want tapes out of Chiasson trial. (FINalternatives)

Double Haven Capital Management acquires DragonBack Capital. (FINalternatives)

Long/short equity funds perform best in September. (Hedge Fund Monitor, via FINalternatives)

People moves

Michael Byl joins Avalon Lake Partners. (FINalternatives)

BNY Mellon taps Marina Lewin to head asset servicing sales. (FINalternatives)

This entry was posted on Tuesday, October 23rd, 2012 at 6:49 pm and is filed under News Roundup. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.