Jan 16 2013 | 2:10pm ET
A top SAC Capital Advisors portfolio manager is launching his own hedge fund, again.
Charles Simonian, who founded and ran his own firm before joining SAC in 2008, has established Trove Capital Management in New York. The new firm will launch its maiden fund in March or April, focusing on large-cap companies in the business services, consumer, industrial, media and telecommunications sectors.
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…