Nov 20 2012 | 1:39pm ET
A former SAC Capital Advisors portfolio manager has been charged with insider-trading in the first-ever such case to refer specifically to SAC founder Steven Cohen.
Cohen is neither charged nor mentioned by name in the civil lawsuit filed by the Securities and Exchange Commission that parallels the criminal case against Mathew Martoma. But he is the person referred to as "Portfolio Manager A" in the lawsuit and is referred to as the "owner" of the hedge funds in the criminal complaint.
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…