Thursday

Wall Street Journal: Hedge Funds Coming of Age Politically

Excerpt:
"Tudor Investment Corp. has become the first hedge fund to create a political-action committee, or PAC, in the latest sign of the industry's coming of age here.

The move comes as the rapidly expanding, lightly regulated sector faces increasing scrutiny from policy makers. At the same time, hedge-fund executives are being besieged by presidential and congressional campaigns seeking a share of a growing wealth pool that is being tapped. (For related hedge-fund news, see article.)"

http://online.wsj.com/public/article/SB117695241352875178-QAkt0LSO_GfyR9Z5hIbfu_T3C80_20080418.html?mod=rss_free

Alex

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