Oct 19 2012 | 8:36am ET
Total hedge fund assets surged to a new record on strong third quarter performance and the third consecutive quarter of net inflows, eclipsing the previous record set in the first quarter of 2012, according to data released yesterday by Chicago-based research firm HFR.
Hedge fund capital increased by +3.6 percent to $2.19 trillion as of the end of 3Q, an increase of $80 billion during the quarter and $183 billion year-to-date.
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…