Nov 29 2006 | 11:11am ET
Hedge fund manager Michael Tom was sentenced yesterday to three years probation, the first six months to be served in a halfway house, after pleading guilty in February to five counts of insider trading, the U.S. Attorney’s office in Boston said. He still faces Securities and Exchange Commission action over the stock trades that netted him and his hedge fund, Burlington, Mass.-based Global Time Capital Growth Fund, $750,000.
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…