Ultrafast spin dynamics in ferromagnetic half-metallic compound Sr2FeMoO6 i
s investigated by pump-probe measurements of the magneto-optical Kerr effec
t. The half-metallic nature of this material gives rise to anomalous therma
l insulation between spins and electrons and allows us to pursue the spin d
ynamics from a few to several hundred picoseconds after the optical excitat
ion. The optically detected magnetization dynamics clearly shows the crosso
ver from microscopic photoinduced demagnetization to macroscopic critical b
ehavior with universal power law divergence of relaxation time for a wide d
ynamical critical region.