Aug 11 2006 | 12:00am ET
Morgan Stanley Investment Management has launched its second retail fund-of-hedge funds program, hoping to raise $300 million for “special tax status investors,” including tax-exempt and tax-deferred individual investors and smaller institutional investors.
The Absolute Return Fund STS will have a $100,000 minimum investment, and follows on the heels of the April release of the Alternative Investment Partners (AIP) Absolute Return Fund, which is for taxable investors.
Morgan Stanley AIP was founded in April 2000 and manages portfolios of hedge funds and private equity assets. The Funds are managed by AIP’s Liquid Markets Team, which is headed by Mustafa Jama.
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…