Oct 24 2012 | 12:59pm ET
The number-two man at Baupost Group is becoming his own number one.
Herb Wagner will leave the Boston-based hedge fund at the end of the year to start his own firm, Baupost told clients yesterday. Details of Wagner's plans were scarce in the letter. He will seed the fund himself and plans eventually to raise outside capital.
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…