May 27 2009 | 8:54pm ET
Facing a renewed insider-trading investigation, Pequot Capital Management and founder Arthur Samberg are throwing in the towel.
Samberg told investors today that he was closing the firm and three of its hedge funds. The remaining two funds, Special Opportunities and Matawin, will be spun off into separate entities. Samberg, who said he plans to retire, will have no role with the new firms.
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…