Aug 19 2013 | 1:12pm ET
Dark clouds continue to hover around SAC Capital Advisors days after its most recent redemption date.
Investors had until Friday to file their third-quarter withdrawal notices. SAC has not released any numbers, but it is thought that clients who had not previously filed notices did so, leaving SAC with little or no outside capital after redemptions are paid out at the end of the 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…