Aug 16 2013 | 11:03am ET
SAC Capital Advisors will not accelerate the return of money to exiting investors, in spite of calls from some clients that it do so.
The Stamford, Conn.-based hedge fund, which has been indicted for insider-trading, expects the handful of outside investors who have not already filed withdrawal notices to do so today, its latest redemption deadline.
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…