What’s news around the hedge fund industry for Friday, Jan. 25, 2013:

Icahn – Ackman

Billionaire showdown: What’s behind Icahn and Ackman’s CNBC Bout? (The Guardian)

Bill Ackman and Carl Icahn just brawled on CNBC in the greatest moment in financial TV history. (Business Insider)

Ackman, Icahn battle over Herbalife on CNBC. (Benzinga)

Watch it:

HedgeWorld has him – William Ackman will be the subject of a plenary keynote interview by Robert Wolf on Friday, April 5, at HedgeWorld East at the Seaport Hotel and WTC in Boston. Join us, won’t you?

Around the web

Sortino ratio: A better measure of risk. (Futures Magazine)

Buffett winning in S&P vs. hedge funds bet. (FINalternatives)

Chimicles & Tikellis eyes class-action lawsuit against SAC Capital. (FINalternatives)

Francisco Illarramendi still going to jail, despite sentencing delay. (Stamford (Conn.) Advocate)

Illinois credit rating cut by S&P. (Capitol Fax)

Northwest Warrant Fund gains 30% in 2012, helped by Japan bets. (Bloomberg)

Apple’s stock drop might bite hedge funds badly. (Forbes)

Investors pulled money from hedge funds in December, capping a volatile Q4. (Hedgeweek)

People moves

Kinetic Partners taps Julian Korek as CEO. (FINalternatives)

New Sky Capital hires Stephanie Payne, Sean Cort. (FINalternatives)

3i vet Paul Waller joins Hamilton Lane in London. (FINalternatives)

This entry was posted on Friday, January 25th, 2013 at 6:43 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.