Jun 18 2013 | 11:01am ET
Third Point is ratcheting up the pressure on Sony Corp., boosting its stake in the company and pushing for "brisk change," including a partial spin-off of its entertainment division.
The New York-based activist hedge fund increased its Sony stake to about 7%, it wrote to the company on Tuesday.
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…