Jul 10 2007 | 11:24am ET
MD Sass has launched the Waterfall Victoria Fund, a hedge fund investing in less-liquid asset-backed securities. The firm has commitments from its existing institutional investors of $200 million for the new offering.
The $12 billion firm currently manages the two-year old Waterfall Eden Fund, which specializes in high-yield and distressed ABS.
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…