Dec 22 2005 | 8:24pm ET
The Securities and Exchange Commission is suing New Jersey-based hedge fund HMC International and two of its principals for misrepresenting the fund's performance to investors.
The SEC began an investigation into the now-defunct firm in the fall after the pair could not return money to investors who wanted out.
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…