Mar 29 2011 | 9:47am ET
TIAA-CREF, a financial services and retirement planning specialist for the nonprofit sector, has provided $1 billion in seed capital to its newly launched endowment management subsdiary, Covariance Capital Management.
Covariance will offer clients access to experienced third-party investment managers in traditional as well as alternative asset classes such as private equity, real estate, commodities and hedge funds.
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…