Jun 7 2010 | 10:43am ET
One of the year’s most hotly-anticipated new hedge funds raised less than half the amount it hoped to at inception, despite its manager’s top-notch record.
London-based Ridley Park Capital launched its first fund last month. But the firm was able to drum up only US$200 million for the vehicle. Ridley Park founder Julian Barnett had hoped to raise as much as US$500 million.
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…