Oct 6 2011 | 1:04pm ET by Deirdre Brennan
Can someone tell me why the occupation of "hedge fund manager" seems to be so popular among former strippers, madams and social climbing spies?
Just today we have stripper-turned-hedge-fund-manager Niki Marx suing her former employer for harassment.
Then there was Elliot Spitzer’s favorite madam, hedge-fund-executive-turned-prostitution-maven Kristin Davis.
And remember the deported Russian spy, Anna Chapman? She was a former personal assistant to a London-based hedge fund manager...ok, not exactly a manager, but when arrested she said she had been in the hedge fund industry.
Alas, it’s a free country, so these gals may call themselves 'hedge fund managers' or 'hedge fund professionals' or whatever they like. Oh, and should you be thinking of investing with the latest hedge fund hottie who claims that Marx NY Capital is up 160% year-to-date, note that on a recent Facebook post Miss Marx mentioned that she may need some illegal substances to ease the stress of the turbulent markets. As my colleague Jon said to me, ‘she should put that in her marketing documents.’
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…