Oct 26 2006 | 7:12am ET
A new firm trying to put a happier face on distressed debt is hoping to raise up to $10 million in seed money for its first fund.
Westcastle, based in the growing hedge fund center of Dallas, plans to offer creditors “friendly restructuring,” according to CEO Tim Cox, in an effort to avoid costly litigation.
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…