Jan 26 2010 | 12:08pm ET
Jabre Capital, the hedge fund founded by former GLG Partners star trader Philippe Jabre, will hard close its Multi Strategy fund for two years. Jabre said the move was necessary to "remain nimble" in a fund that returned more than 85% last year.
Jabcap Multi Strategy, which lost 36% in 2008, currently manages US$2 billion.
Feb 3 2014 | 9:27am ET
In recognition of his extraordinary dedication to philanthropy, Marathon Asset Management’s Bruce Richards will be presented with the Award for Caring during the 16th Annual New York Open Your Heart to the Children Benefit, which takes place on Thursday, March 6. The gala, the largest gathering that Hedge Funds Care/Help For Children holds worldwide, will bring together 1,000 hedge fund executives to raise funds to help prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…