Nov 11 2005 | 7:57pm ET
Beverly Hills, Calif.-based Pi Capital is launching the Pi Cap U.S. Equity Long/Short Growth Fund, an offshore long/short equity hedge fund, later this month. The fund is being managed by Akber Zaidi, chief investment officer, who recently joined Pi Capital from Citigroup Smith Barney's private client services division.
Pi Cap will have a $1 million minimum and a 0.75/20 fee structure. Bear Stearns is serving as the fund's prime broker on the new fund, and HedgeWorks as its fund administrator.
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…