Oct 26 2006 | 7:12am ET
A new firm trying to put a happier face on distressed debt is hoping to raise up to $10 million in seed money for its first fund.
Westcastle, based in the growing hedge fund center of Dallas, plans to offer creditors “friendly restructuring,” according to CEO Tim Cox, in an effort to avoid costly litigation.
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…