Oct 15 2012 | 10:05am ET
A comparison of 26 public pension funds that allocate at least $1 billion to hedge funds found that the average allocation in FY2012 was 7.4% of total assets.
Allocations to other alternatives/private equity increased from 8.5% in FY2009 to 10.7% in FY2012, according to the report from Infovest21.
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…