Dec 6 2011 | 1:05pm ET
Following a turnaround that proved short-lived last month, New York-based Paulson & Co. returned to its losing ways in November. The firm's largest hedge fund, Advantage Plus, lost 3.6% on the month, leaving it down 46% on the year with just one month to go. Its flagship advantage fund, less levered than Advantage Plus, lost 3.3% last month to increase its 2011 loss to about 32%.
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…