Oct 21 2010 | 12:41pm ET
Goldman Sachs' prized U.S. proprietary traders will move to private equity giant Kohlberg Kravis Roberts next year.
Nine members of Goldman Sachs Principal strategies, led by U.S. prop. trading chief Robert Howard, are near a deal to join KKR. The New York-based firm, whose asset-management business currently focuses on credit and oversees $13 billion, bested Avenue Capital Partners and Perella Weinberg Parters for the group.
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…