Hedge Fund News: David Harding, Chris Hohn & Valueact Capital

Hedge Fund, Brokers Lose Claims Against Lehman: Bankruptcy (BusinessWeek) Co-underwriters with Lehman Brothers Inc. don’t have so-called contribution claims against the liquidated investment bank related to offerings in which it was the lead underwriter in the sale of its own securities. Also as the result of a Sept. 5 ruling by a federal district judge in New York, hedge funds in effect won’t have claims when Lehman, acting as a prime broker, failed to carry out trades in its own securities. U.S. Bankruptcy Judge James M. Peck ruled in January that hedge fund manager Claren Road Asset Management LLC and underwriters ANZ Securities Inc.

Scaramucci inks deal with Fox Business (NYPost) Hedge-fund impresario Anthony Scaramucci is jumping to the Fox Business Network from CNBC, The Post has learned. Scaramucci’s FBN debut will be on Maria Bartiromo’s “Opening Bell” show on Wednesday. The founder of SkyBridge Capital was a frequent guest on CNBC for the past four years. The 50-year-old investor recently signed an exclusive deal to appear on both FBN and the Fox News Channel, sources close to the situation said.

Inversion Pioneer Ubben Delivers 17% as Quiet Activist (Bloomberg) Jeffrey Ubben had a hand in the management shake-up at Microsoft Corporation (NASDAQ:MSFT) His ValueAct Capital Management LP helped build Valeant Pharmaceuticals International Inc. (VRX) into the serial acquirer pursuing Botox maker Allergan Inc. with fellow agitator Bill Ackman. The firm manages $14 billion, more investor cash than most of its activist peers oversee. Yet few have heard Ubben speak, let alone shout, and he prefers it that way, Bloomberg Markets magazine will report in its October special issue on the 50 Most Influential people in global finance.

A Former Hedge Fund Star Just Launched His Own Channel Because He’s Sick Of Finance TV (BusinessInsider) Former global macro fund manager Raoul Pal doesn’t think financial television channels are providing real value for viewers. That’s why Pal has decided to take matters into his own hands by launching Real Vision Television-an on-demand, subscription video service providing a library of content on economics and investing. “It’s a real mix of things it’s somewhere between TED and Netflix, Inc. (NASDAQ:NFLX) and The Economist,” Pal told Business Insider in a telephone interview.

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