Nov 26 2013 | 12:41pm ET
The Carlyle Group has agreed to buy fund of hedge funds Diversified Global Asset Management, giving the firm a platform for such investments.
The Washington, D.C.-based private-equity giant will pay as much as US$103 million for the Toronto-based firm, which will become its fund of funds platform. DGAM has more than US$6.7 billion in assets under management.
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…