Dec 6 2006 | 12:42pm ET
Minneapolis-based hedge fund Deephaven Capital Management may be on the verge of signing a new agreement with its owners that could net its management additional millions in compensation.
Jersey City, N.J.-based trading firm Knight Capital Group bought Deephaven three years ago, and the $4 billion hedge fund contributes nearly one-quarter of Knight’s overall revenue.
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…