Oct 23 2012 | 2:04pm ET
A group of Citadel Investment Group veterans will launch an asset-backed securities hedge fund early next year with about $250 million.
The foursome, led by Kevin Scherer, hope to have that money raised when they launch Continuum Investment Management in January. The new fund will invest in residential and commercial mortgage-backed securities and other structured-credit opportunities.
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…