May 20 2013 | 9:38am ET
Last week, federal prosecutors issued a subpoena to SAC Capital Advisors founder Steven Cohen and other firm executives, seeking their testimony before a grand jury that may be considering charges against the firm. And on Friday, SAC told clients that it was ending its "unconditional" cooperation with the authorities—and its practice of keeping clients informed about the investigation.
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…