23/02/2007 (Agence Europe) - At a mergers and acquisition conference in Dublin on Wednesday 22 February, EU Internal Market Commissioner, Charlie McCreevy, sang the praises of investment capital and hedge funds: 'I believe that private equity houses AND activist fund managers of all kinds - including hedge funds - play a much more valuable role than any government or any regulator in propelling the liquidity of our capital markets, in reducing the cost of capital, in driving forward Europe's...