Mar 22 2013 | 10:56am ET
Private equity executive Thompson Dean will get to keep a Roy Lichtenstein painting he bought from a prominent gallery, which allegedly sold it without the previous owner's permission.
Avista Capital Partners' Dean bought the painting from the Gagosian Gallery for $2 million, which was below market value. But the previous owner, Jan Cowles, said that the painting, "Girl in Mirror," had been transferred to the gallery for sale by her son without her knowledge, and that Gagosian later lied and said the painting had been damaged to justify the low price.
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…