Nov 11 2010 | 2:19am ET
Goldman Sachs and the Blackstone Group may redeem their investments in Harbinger Capital Management's flagship after the hedge fund’s founder said he borrowed more than $100 million from another fund to pay his taxes.
Both firms filed redemption notices with the New York-based hedge fund, which has about $9 billion in assets under management.
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…