Hedge Fund OMG To Close Due To Market Environment

Nov 21 2012 | 11:38am ET

Another hedge fund is calling it quits and blaming a frustrating market for it.

OMG Capital will return its US$230 million to investors. Nick Gaze, its chief operating officer, said that in the "brave new world out there," it simply can't make money.


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Publisher's Note

    Hedge Funds Care Gala Raises $2 Million For Charity

    Mar 10 2014 | 11:33am ET

    A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…