GLG Partners Hedge FundGLG Partners Hedge Fund Tracker NotesThe following piece on GLG Partners, LP is being published as part of our Hedge Fund Tracker Tool, our daily effort to track hedge funds in the industry.Resource #1: (11.2.08) One of Europe’s largest hedge funds, GLG, is sending a letter to investors this weekend saying it is to launch a “liquidity review” of its funds.It is also going to stop investors making withdrawals from its $1.5 billion (£930m) Market Neutral fund for six months. The review will decide the best way to preserve capital in GLG’s 40 funds.The Mayfair-based firm, run by founders Noam Gottesman and Pierre Lagrange, will also tell investors looking to quit the $2.5 billion Emerging Markets fund that they will not receive a full return ...

Halloween 2008Halloween 2008 | Scariest One Yet2008 is proving to be the hardest market which hedge funds have faced since the first hedge fund was formed half a century ago. The top 5 scariest things about the current financial crisis and the state of the hedge fund industry:Hedge fund gating clauses, lock-up periods and other agreements screen the true level of hedge fund redemptions. Is it hard to know how much capital is waiting to leave the industry.While I don't believe is, Soros could be right. The hedge fund industry could shrink by over 50% and it could take 5-7 years to climb out of that hole as an industry.I have not ran an analysis of this yet, but I seem to be seeing more frequent cases of hedge fund ...

Bonanza Master Fund LPBonanza Master Fund LP | Notes(http://HedgeFundBlogger.com) The following piece on Bonanaza Master Fund LP is being published as part of our Hedge Fund Tracker Tool, our daily effort to track hedge funds in the industry.The problem I have with the story below is it was found on HedgeFund.net as saying "Dallas Hedge Fund Traded Improperly, SEC said" You then read the story only to learn that the individual settled with the SEC and admitted wrongdoing. The fact is the person was never found guilty and may have simply decided to move on with his life instead of battling the SEC for 3 years...yet the title assumes he was guilty. This is the worst part about financial and investment regulation these days - the accused are instantly ...