Oct 4 2013 | 12:22pm ET
SAC Capital Advisors' year-old reinsurance business looks like another casualty of the criminal insider-trading charges against the hedge fund.
SAC has informally approached several firms about buying Bermuda-based Sac Re, which it launched last summer with $500 million in initial capital. Fellow hedge fund Pine River Capital Management is among the potential buyers.
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…