Apr 29 2010 | 8:17pm ET
Goldman Sachs is in settlement talks with an Australian hedge fund that collapsed after losing millions on a collateralized debt obligation structured by the Wall Street giant.
Basis Capital Management, whose Yield Alpha Fund filed for bankruptcy three years ago, was burned by a CDO similar to the one at the center of the Securities and Exchange Commission’s fraud case against Goldman.
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…