Nov 19 2012 | 1:14pm ET
New York-based hedge fund Libra Advisors will close its doors to outside investors, the latest firm to choose life as a family office over dealing with new regulatory headaches and the vicissitudes of investors.
Libra founder Ranjan Tandon told clients that the fund will return outside capital by the end of 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…