Dec 2 2011 | 9:49am ET
Raj Rajaratnam, the one-time billionaire hedge fund manager convicted on insider-trading, will have to trade his Manhattan penthouse for prison bars on Monday, a federal appeals court has ruled.
The U.S. Second Circuit Court of Appeals in New York yesterday rejected Rajaratnam's bid to remain under house arrest while he appeals his conviction and sentence.
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…