Oct 13 2006 | 3:32pm ET
A pair of new studies offer a potentially conflicting picture of the future of hedge fund investing. The Bank of New York and Casey, Quirk & Associates predict that worldwide institutional demand for hedge funds will soar threefold by 2010 to more than $1 trillion. Currently, institutions have about $360 billion with hedge funds.
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…