Feb 21 2012 | 1:30am ET
Two institutional investors have bought stakes in the world's largest hedge fund, Bridgewater Associates.
The Teacher Retirement System of Texas bought a non-voting stake in Bridgewater for $250 million, while another, unidentified, institutional client of the hedge fund bought an undisclosed stake. The $120 billion firm also said it is in talks with a third possible shareholder.
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…