Jun 16 2010 | 1:18pm ET
More than two decades after a former Libyan intelligence officer bombed an airplane over Scotland, killing 270 people, Libya has established a hedge fund in London to nurture its nascent financial services industry.
The formerly rogue state established FM Capital Partners a year ago. The firm, which will operate out of London’s Knightsbridge neighborhood, will both manage money for Libyan sovereign wealth funds and serve as a kind of hands-on academy to train Libyans in the financial markets.
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…