Greek debt concerns, Ackman’s CP influence, Seibold starting distressed fund, Apson closes, Third Point assets up and more
By Chris ClairWhat’s news around the hedge fund industry for Wednesday, Dec. 5, 2012:
Around the web
Concerns mount that investors might balk at debt buy-back in Greece. (DealBook)
Paul Singer’s Elliott Management won’t get $250 million from Argentina this year, federal appeals court rules. (New York Post)
Ackman’s influence at Canadian Pacific boosts shares to all-time high. (Cincinnati Business Courier)
Ex-Soros manager William Seibold to start distressed fund – Recipero Capital – for Europe. (Bloomberg)
Apson Capital closes after 18 months. (FINalternatives)
Hedge funds add 0.41% in November: HFR. (FINalternatives)
Och-Ziff funds rise in November, assets hit $32 billion. (FINalternatives)
Third Point assets top $10 billion on 17% return. (FINalternatives)
Hedge funders make almost twice as much as other money managers. (FINalternatives)
Jailed ThinkStrategy founder Chetan Kapur fined $5 million. (FINalternatives)
Oklahoma Police Pension & Retirement System snares AKO Capital, Tremblant Capital Group, Trian Partners and Cevian Capital for direct investment. (Pensions & Investments)
Credit Suisse cuts hedge fund forex sales force in London. (FINalternatives)
KPMG beefs up alternatives practice. (FINalternatives)
E.U., Switzerland sign accord on oversight of alternatives funds. (IPE.com)
Hedge funds to pursue bargain hunt for distressed property debt. (The Australian)
Elizabeth Warren wins Senate Banking Committee seat: sources. (Huffington Post)
Interest rate swap futures surpass $130 million at CME Group. (Bloomberg Businessweek)
ESMA’s Ross urges louder buy-side voice. (The Trade News)
Admin firm Orangefield Group announces acquisition of Columbus Avenue Consulting. (HedgeFund.net)
