Jul 17 2013 | 5:35am ET
The usually separate worlds of hedge funds and retail investment products just got a little closer.
Blackstone Alternative Asset Management is launching its first hedge fund-like mutual fund.The new vehicle will allocate assets among a variety of investment sub-advisers with experience managing alternative investment strategies.
Blackstone may also manage a portion of the fund’s assets directly and may invest in unaffiliated hedge funds.
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…