Aug 3 2010 | 12:01pm ET
The first casualty of the newly-enacted Volcker rule is Morgan Stanley’s FrontPoint Partners. The banking giant plans to spin-off the hedge fund, which it bought four years ago, within the next three months.
Greenwich, Conn.-based FrontPoint, which has about $7 billion in assets under management, is interviewing candidates for top executive positions in the newly-independent firm.
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…