Jan 10 2014 | 7:29am ET
As Steve Cohen's SAC Capital ends its operations as a hedge fund, his brother-in-law has raised north of $150 million for his new fund.
Richard Schimel, co-founder of the now defunct Diamondback Capital, launched on and offshore versions of his Sterling Ridge Fund last November, according to regulatory filings, less than a year after he closed Diamondback in the wake of the U.S. government’s insider-trading investigation.
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…