Benros Capital to close, Paloma seeds Reef Road, Odey to launch UCITS fund, Jana blasts Agrium
By Chris ClairWhat’s news around the hedge fund industry for Wednesday, Feb. 20, 2013:
Around the web
Goldman vets to shutter Benros Capital. (Financial News, via FINalternatives)
Elliott Management to review Compuware’s finances before considering another bid. (Detroit Free Press)
Eric Rosen said to get $300 million from Paloma Partners for Reef Road Capital Management. (Bloomberg, via ctpost.com)
Zweig-DiMenna’s Martin Zweig dies. (FINalternatives)
A revolving door in Washington that gets less notice. (DealBook)
London’s West End has the most expensive office space in the world. (Daily Mail)
Billionaire Paul Singer invests in National Bank Holdings. (Denver Business Journal)
Odey Asset Management to launch UCITS version of flagship fund in March. (InvestmentWeek)
JPMorgan Asset Management expands multi-asset range as James Elliot takes charge. (InvestmentWeek)
TCI wants Coal India to pay entire profit as dividend. (DNAIndia)
Herbalife: Didn’t block Ackman firm from asking questions. (WSJ’s MarketBeat blog)
Jana Partners blasts Agrium for AGM timing, board choices in shareholder letter. (Calgary Herald)
Ex-MF Global head Jon Corzine may be banned from futures trading industry. (New York Post)
Wisconsin Funeral Trust invested in ‘risky’ Falcon Plus Strategies hedge fund. (Milwaukee Journal-Sentinel)
Hedge funds setting the stage for a gold price recovery. (Resource Investor)
Credit Agricole aims for positive 2013 after historic loss. (Reuters)
CME derivatives that skirt Dodd-Frank attracting review by CFTC. (Bloomberg Businessweek)
Muddy Waters secret China weapon is on SEC web site. (Bloomberg)
Ginga Explorer Fund bets on Japanese buildgers on Abe hopes. (Bloomberg)
Volatility falls most since 1930s as stock funds gain. (Bloomberg)
Algebris Investments’ wager on Japan Abenomics boosts hedge funds’ returns. (Bloomberg)
