Nov 9 2010 | 12:37pm ET
FrontPoint Partners has seen investors in its health care funds race for the doors in the wake of their link to an insider-trading case.
Clients have filed redemption requests totaling about half of the $750 million managed by the funds, which FrontPoint has admitted are among the unidentified hedge funds referred to in the case against Yves Benhamou. Benhamou was arrested last week and charged with passing on confidential information about the results of a drug trial to the funds.
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…