Jul 28 2011 | 12:54pm ET
Add Citadel Investment Group to the list of top hedge funds cutting risk.
The $11 billion hedge fund giant is now requiring all equity managers to balance their books at the end of each trading day. The beta-neutral order was put into place in recent weeks, limiting the amount of risk that Citadel portfolio managers can take.
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…