Sep 16 2009 | 8:31am ET
Since its inception in 2005, New York City-based special situations hedge fund firm Paragon Capital has been generating average annual returns of 45%. Paragon employs a buy low, sell high investment strategy, enabling the firm to make opportunistic investments directly in public companies at a significant discount to their stock price while realizing on their investments in the short term.
We recently spoke with Paragon founder and portfolio manager Alan Donenfeld about his investment strategy and why his fund has performed so well despite the recent volatile marketplace.
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…