Apr 24 2013 | 11:20am ET
Avenue Capital Group founder Marc Lasry will not be the next U.S. ambassador to France.
Lasry told investors in his hedge fund that he would remain at Avenue, ending speculation—seemingly confirmed last month when former President Bill Clinton said that Lasry would be going to Paris—that he would receive the prestigious appointment.
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…