NYT – Louis Bacon, who topped the list of the U.K.’s richest hedge fund managers in 2010, is apparently none too pleased with European lawmakers moves to increase regulatory oversight of the hedge fund industry. In a letter to investors […]

Reuters – Brokerage Tullett Prebon has set up a venture to raise money for hedge funds and private equity funds in the hope of tapping investors returning to these portfolios as the credit crisis eases. The world’s second-largest interdealer broker […]

BusinessWeek – Michel Barnier, the European Union’s financial services commissioner, said that a final agreement between the U.S. and EU on rules to regulate hedge funds is “possible soon.” “The debate on hedge funds and private equity is in the […]

Reuters – Investors have poured almost $200 billion into “hedge fund lite” and alternative funds based in Europe, data showed on Tuesday, as clients scarred by the credit crisis seek transparent ways to access hedge fund returns. Figures from research […]

NYT – The Major League Baseball Commissioner Bud Selig and a group of creditors led by hedge fund Monarch Alternative Capital are reportedly playing a game of hardball over the hamstrung sale of the Texas Rangers. According to the Sports […]

Reuters – European Union lawmakers are due to vote on Monday to control hedge funds and centralise market supervision as part of wider efforts to learn from the financial crisis and better protect investors. The European Parliament’s economic affairs committee […]

Hedge Funds Review Magazine – Credit Suisse is to buy Fortis Bank Nederland’s hedge fund administration unit Prime Fund Solutions (PFS) after months of negotiation. News that the two banks were in talks broke in December 2009. Fortis has now […]

Bloomberg  – Hedge fund managers and other large speculators increased their bullish bets on gasoline to record highs in the week ended May 4, according to the U.S. Commodity Futures Trading Commission. Long positions in gasoline futures and options outnumbered […]

WSJ – The euro rose sharply against the yen and dollar in Asia Monday as a series of remarks from the European Central Bank strengthened views that the authorities have created necessary safe-net measures and prompted non-Japanese hedge funds to […]

NYT – The debate over European Union legislation that would introduce stricter regulation of the private equity and hedge fund industries intensified in Britain as the European Parliament stood poised to approve the directives. While the expected approval by European lawmakers […]

Investment International – Luxembourg’s financial services sector has weathered the global downturn as innovation has helped this tiny European country to stay ahead, according to a new report. It is now home to 12,115 funds and 360 custodian companies with […]

WSJ – European Union lawmakers are nearing an agreement on hedge-fund legislation that would significantly restrict the ability of funds based in some offshore tax havens to raise money from EU investors, the lawmaker in charge of the legislation at […]