Jul 20 2011 | 3:45pm ET
Danielle Chiesi, the former hedge fund executive and co-defendant of Galleon Group founder Raj Rajaratnam, was sentenced to two-and-a-half years in prison for insider-trading.
Prosecutors had sought between 37 and 46 months for Chiesi, while her attorneys had asked for significantly less time than the 27 months that her boss—and former lover—Mark Kurland received.
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…