Nov 30 2010 | 11:43am ET
Two of the three hedge funds whose offices were raided last week as part of a major insider-trading investigation have said that they are not targets in the probe.
Both Diamondback Capital Management and Level Global Investors told investors that they have been assured by the government that they are not being targeted. But Diamondback, which is based in Stamford, Conn., said that the raid was focused on one of its portfolio managers, who has been put on leave, and a former employee.
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…