Apr 23 2009 | 7:45am ET
The Hennessee Group, the alternative investments adviser and hedge fund index provider, has settled charges of due diligence failures in recommending a fraudulent hedge fund to its clients.
New York-based Hennessee and principal Charles Gradante “did not perform key elements of the due diligence that they had represented they would conduct prior to recommending investments in the Bayou hedge funds,” the Securities and Exchange Commission alleged.
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…