Jan 18 2012 | 10:04am ET
The Federal Bureau of Investigation today arrested seven people, including at least three hedge fund traders, as part of a massive federal probe into insider-trading.
The arrests of Anthony Chiasson, of founder of Level Global Investors, and Todd Newman, a former manager at Diamondback Capital Management, have been expected since late last year. Jon Horvath is the first current SAC Capital Advisors employee arrested in a pair of high-profile insider-trading probes that have ensnared some 50 people.
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…