Wednesday, 1 October 2014
Last updated 6 hours ago
Sep 2 2011 | 9:38am ET
Glenn Hutchins, co-founder of private equity firm Silver Lake Partners, has been named to the board of directors at the Federal Reserve Bank of New York.
Hutchins takes the seat of former Pfizer CEO Jeffrey Kindler. His term on the nine-member board runs until December 2012.
Hutchins also serves as a member of the New York Fed's Investors Advisory Committee on Financial Markets. He was a special adviser to President Bill Clinton on economic and healthcare policy and served on the former president's transition team.
The New York Fed also named Macy's CEO Terry Lundgren to its board.
"The board of directors is a key link between the bank and the region, and Mr. Hutchins and Mr. Lundgren have expertise in two critical industries—retail and technology—that are major employers in our area," New York Fed President William Dudley said.
Hutchins joins the board two years after its last p.e. representative, Stone Point Capital's Stephen Friedman, resigned as its chairman.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...