No sequester layoffs at SEC, liquidations and launches up in 2012, 40K exceptional hedge fund managers and more
By Chris ClairWhat’s news around the hedge fund industry for Thursday, March 14, 2013:
Around the web
Spending cuts won’t cause SEC layoffs, watchdog says. (Bloomberg’s Political Capital blog)
Hedge fund assets reach record, euro crisis fuels liquidations: HFR. (Barron’s)
Hedge fund closures keep rising. (Financial Times) Another take: Liquidations rise but are outpaced by launches in 2012. (FINalternatives)
Hedge funds want back into stocks. (TabbFORUM)
Ghost of FX debacles past haunts London. (WSJ’s The Source blog)
Are there 40,000 exceptional hedge fund managers out there? (Euromoney Insight)
Puerto Rico beyond IRS reach woos Paulson-sized fortunes. (>i>Bloomberg)
Webinar replay: The power of institutional investments in hedge funds. (eVestment)
Gensler mum on reports he’s staying on at CFTC. (Chicago Tribune)
Futures sector divided over insurance fund. (WSJ.com)
JPMorgan exec sued over ‘bullying’ behavior. (New York Post)
Magnetar nets $370 million for mortgage fund. (FINalternatives)
People moves
Prologue Capital Management taps ex-Field Street, Morgan Stanley rates trader Blake Schmidt. (Absolute Return)

