Aug 30 2012 | 3:49am ET
A group of hedge funds may give the bankrupt parent of American Airlines as much as $2 billion in new financing.
The creditor group includes Carlson Capital, Claren Road Asset Management, Cyrus Capital Partners, Litespeed Management and Pentwater Capital Management. AMR Corp., which owns AA, yesterday sought court permission to pay the fees for the hedge funds' lawyers and financial advisers.
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…