Oct 29 2010 | 1:51am ET
Following a judge's ruling that Pacific Alternative Asset Management "may have been designed to mislead" about its woman-owned status, the Securities and Exchange Commission has launched an investigation into the fund of hedge funds shop.
In a letter to investors, PAAMCo indicated that U.S. District Judge Richard Sullivan's ruling sparked the SEC's interest.
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…