May 6 2011 | 1:06am ET
For years, SAC Capital Advisors founder Steven Cohen has been the rumored target of federal insider-trading probes. Now, with the guilty pleas of two of his former traders, those investigators may be closer than ever to one of the most celebrated hedge fund managers in history.
Prosecutors are looking into trades made by the $3 billion portfolio at SAC personally overseen by Cohen.
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…