May 7 2013 | 11:56am ET
After five years trying to beat the hedge funds hounding his employer, Residential Capital, Thomas Marano may be joining them.
Marano yesterday resigned as CEO of the bankrupt Ally Financial subprime mortgage lender. The former Bear Stearns executive, who has headed ResCap since 2008, may start his own hedge fund.
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…