Jun 18 2013 | 11:01am ET
Third Point is ratcheting up the pressure on Sony Corp., boosting its stake in the company and pushing for "brisk change," including a partial spin-off of its entertainment division.
The New York-based activist hedge fund increased its Sony stake to about 7%, it wrote to the company on Tuesday.
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…