Sep 12 2011 | 2:33pm ET
A World Bank subsidiary will invest in a hedge fund for the first time, putting up $100 million to help launch a new fund that will buy securitized bank loans in an effort to help banks meet stricter new capital requirements.
The Christofferson Robb & Co. fund's investments will come with a World Bank-friendly catch: The money freed up must be lent to companies in developing countries.
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…