Jan 31 2012 | 2:15pm ET
JC Flowers & Co.'s former top executive in Britain has been barred from the securities industry after he admitted defrauding one of the private equity firm's portfolio companies of £1.367 million pounds.
Ravi Shankar Sinha used fake invoices to secure the payments from the company, money which he used to prop up his own failing finances. He also lied to the unidentified company's CEO, telling him that the payments had been authorized by JC Flowers.
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…