Jan 13 2009 | 4:10am ET
The son and brother of Vice President-elect Joe Biden have settled a lawsuit accusing them of defrauding a business partner in a hedge fund deal.
R. Hunter Biden, the son of the longtime Delaware senator, and James Biden, his brother, have apparently struck a deal with Anthony Lotito, who said the pair lied to him to convince him to accept a buyout from their partnership. At the time, the trio was negotiating to buy Paradigm Cos., a New York-based fund of hedge funds.
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…