Dec 21 2011 | 10:45am ET
Fortress Investment Group CEO Daniel Mudd will take a leave of absence from the alternative investments giant just days after he was accused by the Securities and Exchange Commission of fraud during his tenure as CEO of Fannie Mae.
Fortress said that co-founder Randal Nardone will serve as interim CEO, effective immediately.
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…