Dec 20 2010 | 10:30am ET
A Citadel Investment Group veteran has launched a catastrophe risk fund, called the first listed vehicle of its kind.
CatCo’s Reinsurance Opportunities Fund raised US$80 million on the London Stock Exchange. The firm will invest directly in extreme catastrophe risks and is targeting returns of between 25% and 15% over Libor.
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…