Dec 11 2006 | 2:28pm ET
Englewood, Colorado-based Montague Financial’s P100 and P50 programs were up 0.8% and 8.96%, respectively in November, bringing their year-to-date returns to -28.16% and -5.24%.
Montague’s founder Pascal Guessas wrote in his monthly letter to investors that the P50 and P100 programs started the month “really well with a good rate of return the first couple of weeks.” However, both programs “got wiped out the last five days of trading,” which considerably reduced their returns.
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…