Sep 14 2006 | 11:17pm ET
Fund-of-hedge funds firm Sag-gezza Investment Management is looking to add a third principal to its ranks to focus on business development and operations. Roger Beutler, principal of the San Diego, Calif.-based firm, said that he and his partner Patrick Morrell recently decided to search for another principal after finding that their capital raising efforts were going more slowly than originally anticipated.
“We have struggled raising money, as expected, so we sat down and decided we wanted to add a third principal, someone with gray hair,” said Beutler, adding that the ideal person would have 15-10 years of experience in the industry. “We are really looking for some-
one from a bigger firm that is close to retirement and is looking for a new challenge.”
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…