Mar 29 2011 | 9:47am ET
TIAA-CREF, a financial services and retirement planning specialist for the nonprofit sector, has provided $1 billion in seed capital to its newly launched endowment management subsdiary, Covariance Capital Management.
Covariance will offer clients access to experienced third-party investment managers in traditional as well as alternative asset classes such as private equity, real estate, commodities and hedge 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…