Sep 8 2006 | 12:00am ET
Private equity firm First Reserve Corporation, which specializes in the energy industry, has closed its latest global private-equity fund, First Reserve Fund XI, with commitments of $7.8 billion. Fund XI is the largest fund ever raised by the firm, which claims that it is the largest of its kind focused exclusively on the global energy industry.
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…