Feb 7 2014 | 2:24pm ET
There was no second great escape for Andrew Hall's Astenbeck Capital Management last year—only a second losing year in three.
The $3.5 billion oil hedge fund dropped 8.3% last year. It is only Astenbeck's second annual loss since its debut in 2007, after Hall left Citigroup and set the firm up with Occidental Petroleum Corp., and its largest-ever.
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…