Nov 19 2013 | 10:25am ET
The demise of his hedge fund could have dire personal financial consequences for FX Concepts founder John Taylor.
Taylor was forced to personally guarantee a piece of FX's loans from Credit Suisse's Asset Management Finance division. FX owes AMF $34.4 million, and Taylor is personally responsible for $5 million.
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…