Nov 30 2010 | 11:43am ET
Two of the three hedge funds whose offices were raided last week as part of a major insider-trading investigation have said that they are not targets in the probe.
Both Diamondback Capital Management and Level Global Investors told investors that they have been assured by the government that they are not being targeted. But Diamondback, which is based in Stamford, Conn., said that the raid was focused on one of its portfolio managers, who has been put on leave, and a former employee.
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…