May 7 2012 | 4:07pm ET
D.E. Shaw Group is set to launch a hedge fund this summer with a focus on European loans.
The New York-based firm's Alkali Fund will debut in July. It is unclear how much D.E. Shaw has raised for the vehicle or how much it is seeking, but it will be helmed by the firm's four-year-old asset-backed securities team, which has generated $800 million in profits for a multi-strategy hedge fund.
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…