Dec 22 2005 | 9:07pm ET
Magnum Fund Management is preparing to launch two funds on Jan. 1, the offshore MG Collateralized Debt Fund and the onshore Jericho All-Weather Opportunity Fund. According to David Friedland, president of Magnum U.S. Investments, the funds will invest in short-term notes backed by hard assets.
Initially, Magnum will market the funds to high-net-worth individuals, funds-of-funds and family offices, but as assets grow the firm aims to bring in institutional investors.
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…