Aug 15 2007 | 7:39am ET
ESL Investments, reportedly buffeted by losses, hiked up its stake in Citigroup earlier this year.
The hedge fund, run by Edward Lampert, boosted its Citi holdings to 24.8 million shares during the second quarter, a 63% increase from the 15.2 million in the first quarter.
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…