May 7 2013 | 11:56am ET
After five years trying to beat the hedge funds hounding his employer, Residential Capital, Thomas Marano may be joining them.
Marano yesterday resigned as CEO of the bankrupt Ally Financial subprime mortgage lender. The former Bear Stearns executive, who has headed ResCap since 2008, may start his own 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…