Mar 16 2009 | 1:55am ET
Two hedge funds can be counted among the recipients of American International Group's government-subsidized payouts.
Thus far the public outrage over the $93 billion that AIG is paying to its counterparties has focused on payments to Goldman Sachs, Deutsche Bank, Barclays, and other big banks, but two hedge funds have received $400 million of taxpayer money.
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…