Dec 1 2011 | 1:02pm ET
Goldman Sachs has launched a hedge fund seeding fund, with plans to raise about $1 billion.
The new fund, managed by Kent Clark in New York and Ali Raissi in London, has already made its first investment, handing $100 million to a new hedge fund founded by veterans of SAC Capital Advisors and TPG-Axon Capital Management. The new fund plans to invest in between seven and nine other hedge fund startups.
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…