Financial Times FT.com

Hedge fund directive under fire

By Martin Arnold, Private Equity Correspondent

Published: April 26 2009 22:45 | Last updated: April 26 2009 23:45

Luke Johnson, the pizza entrepreneur turned media executive, has launched a stinging attack on the European Commission’s plan to regulate hedge funds and private equity.

He called it a “knee-jerk reaction” that will severely restrict investment in Europe.

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