Dec 28 2010 | 2:55am ET
A Goldman Sachs private equity fund that invests in hedge fund managers will take a minority stake in global macro specialist Mount Lucas Management.
The Petershill Fund, managed from London by Jonathan Sorrell, will buy an undisclosed chunk of the $1.8 billion firm for an undisclosed sum of money, Mount Lucas said. The Newtown, Pa.-based firm will retain independent management, operations and investments.
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…