Nov 4 2011 | 11:39am ET
Paulson & Co. rode last month's stock-market rally to pare its huge 2011 losses, the worst its ever seen.
The $30 billion New York-based firm's flagship Advantage Fund rose 4.7% last month—one in which the Standard & Poor's 500 Index advanced 11%—to cut its year-to-date loss to 29%. A larger, more levered version of the fund, Advantage Plus, returned 2.4% on the month and is down 44% on the 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…