Dec 12 2013 | 1:11pm ET
Harbinger Capital Management's Phillip Falcone may get to build his wireless Internet network after all.
Just before a bankruptcy auction that seemed poised to sell Harbinger's LightSquared to Dish Network, two of the hedge fund's fellow alternative investments players stepped in to offer more for the company, into which Falcone has poured billions in investor capital.
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…