Apr 15 2010 | 11:24am ET
A top healthcare hedge fund manager has gone into business for himself. Roderick Wong, who managed Davidson Kempner Capital Management’s healthcare investments for four years, has founded RTW Investments.
The new firm launched its maiden fund on March 1 with less than $100 million. But Wong—who is a medical doctor, to boot—has been managing his own money in the strategy since he left Davidson Kempner early last year, returning 66% over the last 10 months of 2009 and another 18% through the first quarter of this year.
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…