Apr 26 2013 | 1:09pm ET
It didn't work last time, but SAC Capital Advisors has again eased its redemption policy to stave off further redemptions.
Facing further redemption requests next month, SAC said it will allow investors to withdraw half of their money in both the third and fourth quarters.
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…