Jul 7 2008 | 7:48am ET
Troubled hedge fund group Absolute Capital Management keeps finding more of it.
A U.S. fund of hedge funds has sued AbCap and its co-founder, accusing the latter of defrauding investors and the former of letting it happen.
Evergreen, Colo.-based White Peaks Asset Management sued the firm and Florian Homm, whose abrupt departure last year sent AbCap into a downward spiral, in Denver federal court last week.
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…