Nov 23 2010 | 12:35pm ET
As many as a dozen hedge funds could find themselves or their employees ensnared in a major insider-trading investigation that saw the offices of three hedge funds raided yesterday.
Agents from the Federal Bureau of Investigation descended on Diamondback Capital Management, Level Global Investors and Loch Capital Management yesterday morning. Agents search Greenwich, Conn.-based Level Global's New York office and Stamford, Conn.-based Diamondback's headquarters. Loch Capital's offices in Boston were also searched.
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…