Jul 10 2012 | 10:24am ET
SAC Capital Advisors is officially in the reinsurance business.
SAC Re Holdings said it began operations yesterday with $500 million in initial capital, from founding investors including SAC founder Steven Cohen and private equity firm Capital Z Partners, among others.
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…