Mar 10 2006 | 12:00am ET
The $397 million New Orleans Employees Retirement System has hired 14 hedge fund managers to handle a total of $10.75 million.
Jerry Davis, chairman, said the plan decided to directly invest with 14 managers to test various strategies and would likely invest further with managers in strategies that perform well. He declined to name the managers while he is in contract negotiations.
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…