Oct 12 2006 | 3:25pm ET
Glacier Bay Capital, a new San Diego-based firm founded by three New York hedge fund vets, is off to a strong start with its first hedge fund.
Glacier Bay Partners launched on July 1 (FINalternatives 5/12) with $40 million, and is already up to $46 million on the strength of a 7% net return in its first quarter. The concentrated portfolio includes 15 to 25 long positions and a similar number of shorts, but does not focus on any particular sector.
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…