Apr 14 2008 | 10:28am ET
A New York fund of hedge funds has sued a Citigroup hedge fund to recoup its investment, accusing Citi’s Corporate Special Opportunities Fund of making hundreds of millions of dollars in unauthorized trades, leading to a double-digit loss last year.
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…