Dec 1 2005 | 9:34pm ET
Investors in now-defunct hedge fund Bayou Group may have been burned by the scandal, but the recent spate of high-profile hedge fund dustups has been a boon for private investigation firms specializing in finance.
"Bayou put it back on everyone's mind," said Kevin Jones, president of HedgeCheck.com, a firm that searches public records to provide background checks on hedge funds. "I have a lot of stable clients, but now I am getting more inquiries."
Jeffrey Brenner, a principal at Intelysis Corp., an international financial investigation firm, says another reason for the increase in demand for hedge fund investigations could be fear of culpability.
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…