A London-based hedge fund created by Paul Hawtin and Simon Hawtin has postponed its launch, Hedge Fund Net reports. The fund, to be launched by Derwent Capital Markets, the Hawtins’ firm, plans to utilize Twitter feeds to predict market activity on a given day. The hedge fund, which was expected to be launched on April 1, 2011 with $40 million in assets, received about $100 million fundraising. The delay was required to restructure the fund to allow for more investors.

Click here for the story from Hedge Fund Net.