Sep 12 2012 | 1:09pm ET
Hong Kong hedge fund Pivotal Investments is closing its doors, the latest Asian hedge fund to join the scrapheap this year.
Pivotal's demise was blamed on a common complaint, inability to raise money. The firm debuted in 2010 with US$50 million but was never able to exceed US$70 million in assets, despite returning 44.5% last year.
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…