Mar 16 2011 | 12:20pm ET
Plainfield Asset Management, the embattled distressed debt hedge fund, is liquidating its hedge funds and will return all capital to investors by the middle of next year.
The firm has been hit with several whistleblower complaints accusing it of overvaluing assets and faces a pair of predatory lending probes. Last month, it struck a deal with private equity firm Paul Capital to unload a portfolio of illiquid debt positions for about $150 million.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…