Apr 24 2013 | 11:20am ET
Avenue Capital Group founder Marc Lasry will not be the next U.S. ambassador to France.
Lasry told investors in his hedge fund that he would remain at Avenue, ending speculation—seemingly confirmed last month when former President Bill Clinton said that Lasry would be going to Paris—that he would receive the prestigious appointment.
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…