Feb 3 2010 | 7:49pm ET
The regulator has sent a request for information to Paulson & Co., the $30 billion New York-based hedge fund run by John Paulson, about collateralized debt obligations. Paulson made his name and fortune three years ago when he bet against the subprime mortgage market and won big, earning $15 billion for his investors.
Paulson is cooperating with the request, and is not the target of the probe. The SEC has also subpoenaed most major banks for information about their sale and marketing of CDOs.
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…