Oct 7 2013 | 11:40am ET
Prominent mutual-fund manager Bruce Berkowitz is seeking $1 billion for his nine-month-old hedge fund.
Berkowitz's Fairholme Capital Management launched the fund at the beginning of the year and has now opened it to outside investors. Only institutions need apply—and those that do will have to pony up at least $5 million and agree to a one-, three- or five-year lockup.
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…