Nov 22 2006 | 12:31pm ET
Financial services software provider SunGard has added to its suite of alternative investment products with the acquisition of Melville, N.Y.-based Integrated Business Systems. IBSI is the maker of Visual Portfolio Manager, accounting software used by some 50 hedge funds managing $135 billion.
Terms of the deal were not disclosed.
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…