Mar 26 2013 | 12:49pm ET
Neither an errant elbow nor a $616 million settlement bill could keep SAC Capital Advisors' Steven Cohen from a painting he's coveted for years.
Cohen, whose art collection is nearly as renowned as his hedge fund's returns, has agreed to buy Pablo Picasso's "Le Rêve" for $155 million, the most ever paid by a U.S. collector for a painting.
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…