Oct 3 2007 | 3:42pm ET
Beleaguered hedge fund Absolute Capital Management today said that Frank Siebrecht and Stefan Heieck have tendered their resignations as portfolio managers of the Absolute Germany Fund, effective immediately. The pair cited personal reasons for their departures.
The move comes on the heels of co-founder Florian Homm’s departure last month, which led to a flurry of investor redemption requests.
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…