Aug 9 2012 | 1:48pm ET
The Carlyle Group has bought a majority stake in mutual fund and hedge fund manager TCW Group.
Terms of the deal were not disclosed, although media reports indicate a price tag of about $700 million and current owner Société Générale wrote down the value of its stake in the firm by €200 million earlier this month.
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…