Oct 31 2006 | 11:29am ET
Just a day after agreeing to pay about $300 million for about 20% of New York-based hedge fund Avenue Capital Partners, Morgan Stanley consummated its long-running courtship of FrontPoint Partners.
The Wall Street giant confirmed today that is has agreed to acquire FrontPoint Partners for an undisclosed sum, though some insiders say Morgan Stanley is shelling out about $400 million for the $5.7 billion Greenwich, Conn.-based firm.
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…