Nov 2 2011 | 11:43am ET
Paulson & Co. clients are not, in the end, fleeing the struggling hedge fund in droves.
The New York-based firm told clients that they filed redemption requests totaling less than 8% of its roughly $30 billion in assets. The news came down only hours after what promised to be a spooky Halloween for Paulson—redemption requests for its two largest, and worst-performing, hedge funds were due on Oct. 31.
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…