Oct 3 2012 | 1:40pm ET
The Carlyle Group added commodities trading to its lineup with a deal for hedge fund Vermillion Asset Management.
Washington, D.C.-based Carlyle paid an undisclosed amount of cash and stock for 55% of New York-based Vermillion, which has about $2.2 billion in commodity fund assets under management.
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…