Feb 10 2006 | 9:48pm ET
By Deirdre Brennan
Small hedge funds mean big business for companies catering specifically to their needs. Increasingly, service providers are taking notice of this segment of the hedge fund industry, which includes firms with 1 to 5 employees managing under $50 million in assets.
"The large prime brokers have ignored or don't want to deal with the smaller clients; they obviously want the large, behemoth hedge funds," said Robert Miles, managing partner of Wonderdog Capital, a small long/short equity hedge fund that he founded in 2002. His firm currently uses online broker BrownCo, and does not employ a prime broker or an administrator.
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…