Dec 6 2010 | 1:31pm ET
The Carlyle Group will take a 55% stake in New York-baserd Claren Road Asset Management, it said today. The move comes just months after news that Carlyle was in talks with several hedge funds about buying a stake as it seeks to expand into more liquid investments.
John Eckerson, Sean Fahey, Albert Marino and Brian Riano, the Citigroup veterans who founded Claren Road five years ago, will remain at the helm.
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…