Oct 11 2012 | 1:49pm ET
Octavian Advisors is closing its doors, with the activist hedge fund bemoaning the "exceptionally difficult" investment environment.
The $1 billion New York-based firm will end its six-year run sometime next year. Octavian founder Richard Hurowitz told clients that they'll get some of the their money back by the end of the year, but that most will come next year.
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…