Jun 17 2013 | 2:40pm ET
JPMorgan Chase will spin off its internal private-equity unit, which manages some $4.5 billion of the bank's capital.
One Equity Partners, which until now has managed JPMorgan's money exclusively, will raise a new fund entirely from outside investors and will separate from the bank.
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…