Aug 10 2007 | 6:44am ET
Even the most storied hedge funds are not immune to the sub-prime bug. Renaissance Technologies, the wildly successful $30 billion quantitative shop run by math-professor-turned-investor James Simons, was down between 3.9% and 4.6% in July, and the early going in August has been even worse.
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…