Oct 3 2013 | 3:17am ET
The court-appointed trustee for a bankrupt Fletcher Asset Management hedge fund says that the firm's founder raided the fund to pay for his explosive racial-discrimination lawsuit against one of New York's most prominent apartment buildings.
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…