Sep 24 2012 | 2:28pm ET
Morgan Creek Capital Management's Mark Yusko, the “father of endowment-style investing,” kicked off the FINforums Annual Hedge Fund Summit in New York with a high-energy talk that began with the blunt admission that hedge funds have underperformed the market by a whopping 89% over the past three years. But from 1999 to 2009, he said, hedge funds returned 8% while the stock market returned zero. And that's why smart investors will not only be in hedge funds over the next 10 years, they'll be in small, emerging hedge funds, he said.
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…