Dec 17 2010 | 9:41am ET
A former hedge fund analyst is among those cooperating with the federal insider-trading investigation, which produced four more arrests yesterday.
An unidentified person called CW-5, or cooperating witness 5, in the complaint against the employee and three consultants at Primary Global Research, is described as having formerly worked at a New York hedge fund as an analyst. It is unclear what hedge fund the person may have worked for; he or she has not yet been charged but is cooperating with hopes for a reduced sentence, prosecutors said.
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…