Feb 3 2014 | 8:18am ET
After gaining 26% (net of fees) in 2013, Delaware-based Merit Fund is set to expand its asset base in the new year. The long/short hedge fund, run by Christopher Gildea and Scott McGraw, has set up a Founders Round and is currently marketing the $30 million strategy to new investors.
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…