Feb 15 2012 | 3:00pm ET
The Federal Communications Commission has dealt a potentially fatal blow to Harbinger Capital Management's wireless Internet venture—a serious, if not fatal, blow to the hedge fund itself.
The regulator said it would withdraw the preliminary approval it granted to LightSquared last year after a series of government tests found that LightSquared's network would interfere with global positioning systems.
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…