Zoe Cruz liquidates Voras Capital hedge fund (Fund News)
Zoe Cruz, the former Morgan Stanley co-president, is closing her Voras Capital Management hedge fund and returning investor money, according to people familiar with the fund.
Alan Howard, co-founder of Brevan Howard, one of Europe's biggest hedge fund firms, grew his total wealth by 44 percent to 1.4 billion pounds, the survey by the British newspaper shows. The Sunday Times Rich List lists the 1,000 richest people and families in the UK and the 250 wealthiest in Ireland.
Swiss lawmakers plan new hedge-fund rules (Fund News)
Swiss lawmakers are considering proposals to tighten regulations on hedge funds and other asset managers that will align the Alpine nation with draft European union rules.