Oct 5 2010 | 12:25pm ET
Pershing Square Capital Management veteran Richard McGuire is planning a small- and mid-cap equity hedge fund, and has won the backing of the Blackstone Group for it.
McGuire, who left Pershing Square last year, has founded Marcato Capital Management is San Francisco. The new firm will invest in companies with reliable cash flows, such as those in the real estate and consumer goods industries, similar to the strategy run by William Ackman at Pershing Square.
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…