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Amir Alavi From Kirsten Bischoff, Opalesque New York:

For some of the investors hoping for restitution from losses related to the liquidation of $2.5bn Parkcentral Global Hub hedge fund, run by the Perot family, legal battles have not been successful. However last week, Brown Investments, an investor into Parkcentral who did not participate in a class action suit filed against the fund, won a different victory against the firm that could have wider implications for the hedge fund industry.

In what may become a double-edged sword for investors, hedge funds are slowly but surely finding themselves forced to become more transparent. The Brown Investments ruling may extend that transparency to the confidentiality of investors within a fund. The highest civil court in the state of Delaware last week found in favor of Brown Investments, which sued for the right to obtain the identities of other investors into the Delaware-domiciled limited partnership through which the Parkcentral Global Hub hedge fund was structured.

Amir Alawi, an attorney with the Texas law firm of Ahmad, Zavitsanos & Anaipakos that tried the case on behalf of Brown Investments, explained to Opalesque that the ruling determined that investor contact information must be made available to invest......................

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