Sep 8 2006 | 12:00am ET
Twelve-year hedge fund industry veteran Arthur Stern has struck out on his own to launch a long-short equity fund. The new offering, the Rydal Park Fund, managed by Stern’s Rydal Park Capital Management, began trading on Aug. 1 with $6 million in assets under management.
According to Stern, the fund focuses on investing in cyclical industry groups including industrials, energy, aerospace, basic metals, construction, transport, defense and consumer sectors, among others. Stern utilizes a fundamental stock picking strategy combined with technical trading and holds positions anywhere from 1-week to 1-year.
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…