Dec 7 2006 | 3:44pm ET
Outsourcing middle and back office support is an obvious, but little-used way for large hedge fund managers to cut costs, and one firm is positioning itself to take advantage of what it sees as an untapped sector ripe for growth.
“Fund [administration] costs are going up but revenues haven’t been able to keep pace,” says Stuart Feffer, Co-Chief Executive Officer of the recently-formed LaCrosse Global Fund Services, an independently run hedge fund service provider and administrator.
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…