Aug 19 2008 | 9:06am ET
A troubled Greenwich, Conn., hedge fund has filed for bankruptcy in an effort to head off a forced asset sale.
Windmill Management’s SageCrest Finance and SageCrest II filed for Chapter 11 bankruptcy protection yesterday in U.S. Bankruptcy Court in Bridgeport, Conn. In a letter to investors, the firm said the filing was needed to ensure an orderly liquidation to prevent further losses to investors.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…