Dec 6 2012 | 12:15pm ET
Diamondback Capital Management said today that it would liquidate and close its doors in the face of another $520 million in redemption requests. The move comes in the middle of the trial for insider-trading of Todd Newman, a former portfolio manager at the hedge fund.
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…