SFO seeks meeting with Weavering fund liquidator (Fund News)
Britain's Serious Fraud Office reported on Friday it is seeking an early meeting with PricewaterhouseCoopers, liquidators of the collapsed Weavering Macro Fixed Income hedge fund.
Losses swelled in the fourth quarter at Fortress Investment Group, the first private equity and hedge fund firm to list just over two years ago, on writedowns in its private equity funds.
Centaurus Capital is launching a new merger arbitrage fund, following the decision to accelerate the closure of its flagship Alpha fund, which once managed $4.5bn.