Mar 10 2006 | 12:00am ET
The $400 million Austin (Texas) Police Retirement Fund has informed BlackRock that the fund will liquidate its $10 million hedge fund portfolio that focuses on energy companies.
Sampson Jordan, administrator, said the plan decided to put the money with Wellington Asset Management, which manages an all-cap energy fund for the plan.
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…