Dec 14 2012 | 12:15pm ET
British authorities have leveled criminal charges against the founder of collapsed hedge fund Weavering Capital.
Magnus Peterson is accused of false accounting, fraudulent trading, abuse of position and forgery. The charges against the Swedish national come five months after the U.K. Serious Fraud Office reopened its investigation into Weavering.
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…