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.
FSA to demand more data from hedge funds (Fund News)
Britain's financial regulator (FSA) is to ask London-based hedge fund managers for more information on their holdings and risk exposure, mirroring a plan recently put forward by the industry.
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.