Mar 11 2013 | 10:57am ET
Flamboyant former hedge fund manager Florian Homm has been arrested—in a suitably theatrical way—and will be extradited to the United States to face fraud charges.
Homm, a German, was picked up in Florence's famed Uffizi Gallery, home to some of the world's great art treasures, at 12:30 p.m. on Friday. Two days earlier, he was charged with defrauding investors in his Absolute Capital Management of US$200 million in Los Angeles.
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…