Dec 28 2010 | 2:55am ET
A Goldman Sachs private equity fund that invests in hedge fund managers will take a minority stake in global macro specialist Mount Lucas Management.
The Petershill Fund, managed from London by Jonathan Sorrell, will buy an undisclosed chunk of the $1.8 billion firm for an undisclosed sum of money, Mount Lucas said. The Newtown, Pa.-based firm will retain independent management, operations and investments.
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…