Feb 2 2012 | 8:20am ET
Merrill Lynch & Co. vet Victor Khosla’s Strategic Value Partners has closed its Strategic Value Special Situations Fund II at $918 million.
According to an SVP statement, the new fund will follow the same strategy as its predecessor, SVSS I, investing in “distressed and deep value corporate opportunities in the middle-market, and by exerting material influence, both during and after restructuring.”
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…