Jun 16 2011 | 10:37am ET
Q1 2011 saw the launch of 298 hedge funds as total industry assets surpassed $2 trillion for the first time in history.
According to recently released data from HFR, Q1 and trailing four quarter launch totals reached their highest levels since 2007. Liquidations hit their highest levels in 12 months, with 181 funds closing for an attrition rate of almost 2%.
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…