May 10 2013 | 2:18pm ET
SAC Capital Advisors' redemption policies, once among the strictest in all of the hedge fund industry, are getting looser by the day.
The firm will push its May 16 redemption deadline back to June 3, giving it more time to lobby investors to stick with it. SAC had earlier eased its redemption terms, allowing those clients who skip the next deadline to still redeem their entire investment this 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…