May 4 2010 | 4:17am ET
Major League Baseball is poised to seize the Texas Rangers from private equity veteran Tom Hicks to prevent the team’s creditors, led by a hedge fund, from forcing it into bankruptcy.
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…