Oct 18 2012 | 9:46am ET
Blackstone’s alternatives units boasted a good quarter. Results released today show that revenues for the firm’s hedge fund unit—Hedge Fund Solutions—more than doubled from the year ago quarter driven by an increase of 17% in assets under management, which was a result of growth and fund performance. The last quarter alone saw a 9% jump in AUM.
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…