Apr 28 2006 | 3:10pm ET
In an effort to keep a leg up in the increasingly competitive hedge fund services space, BNY Brokerage, which saw its hedge fund business grow by 30% last year, has formed a new unit that will cater specifically to hedge fund managers.
"Within BNY Brokerage we've been serving hedge funds for many years," said Carey Pack, president of The Bank of New York subsidiary. "What we have decided to do is restructure and put a dedicatedteam together that would be better able to determine the specific needs for hedge funds and match them with the services that we have to offer."
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…