Mar 11 2013 | 10:01am ET
Billionaire hedge fund manager John Paulson is mulling a move to Puerto Rico, which could save him hundreds of millions of dollars.
Paulson recently looked at possible residences in San Juan's exclusive Condado neighborhood, according to published reports. It's not clear whether Paulson, a lifelong New Yorker, will actually make the move, but if he did, he would be taking advantage of a year-old Puerto Rican law waiving local and federal capital gains taxes for new residents.
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…