Feb 10 2006 | 9:48pm ET
By Deirdre Brennan
Small hedge funds mean big business for companies catering specifically to their needs. Increasingly, service providers are taking notice of this segment of the hedge fund industry, which includes firms with 1 to 5 employees managing under $50 million in assets.
"The large prime brokers have ignored or don't want to deal with the smaller clients; they obviously want the large, behemoth hedge funds," said Robert Miles, managing partner of Wonderdog Capital, a small long/short equity hedge fund that he founded in 2002. His firm currently uses online broker BrownCo, and does not employ a prime broker or an administrator.
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…