Aug 31 2011 | 3:04pm ET
Sunwah International, which is controlled by the billionaire Choi family, backed out of the deal, struck in June, because RAB Capital was unable to proceed with the transfer of its Energy and Octane funds until Sunwah bought a U.K. fund management platform. Sunwah said it remains committed to building a hedge fund platform in London.
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…