Jan 27 2011 | 1:27pm ET
The Carlyle Group has struck a deal to buy fund of private equity funds giant AlpInvest Partners, it said yesterday.
The deal reportedly values AlpInvest at several hundred million dollars. Carlyle will own a majority stake in the firm, but AlpInvest's managers will retain a 40% economic stake and a 50% voting stake.
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…