Nov 2 2011 | 11:43am ET
Paulson & Co. clients are not, in the end, fleeing the struggling hedge fund in droves.
The New York-based firm told clients that they filed redemption requests totaling less than 8% of its roughly $30 billion in assets. The news came down only hours after what promised to be a spooky Halloween for Paulson—redemption requests for its two largest, and worst-performing, hedge funds were due on Oct. 31.
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…