What’s news around the hedge fund industry for Friday, Feb. 22, 2013:

Around the web

Severn River Capital Management LLC to wind down amid challenges. (Bloomberg)

Office Depot extends board submission deadline for Starboard Value. (Palm Beach Post)

Wausau Paper to close mill in Brainerd, Minn.; move follows persistent pressure from Starboard Value. (Milwaukee Journal-Sentinel)

Activist investors make inroads among Massachusetts banks. (Boston Business Journal)

Sansar Capital: ‘Just showing up’ gives you edge in Iraq. (FINalternatives)

Woori Absolute Partners seeds Asian equities specialist Mosaic Asset Management. (FINalternatives)

Ex-SAC, Diamondback portfolio manager Adam Wolfberg plans EastBay Asset Management with Steven Landry. (Absolute Return, via FINalternatives)

Hedge fund redemption requests jump in February. (FINalternatives)

CFTC’s Gensler questions long-term viability of LIBOR. (Bloomberg Businessweek)

Brevan Howard alumnus Tristan Edwards to start Mosaic Asset Management to invest in Asian stocks. (Bloomberg)

People moves

JPMorgan names José Berenguer Neto as head of Brazilian unit. (Reuters)

This entry was posted on Friday, February 22nd, 2013 at 7:04 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.