Jan 3 2007 | 12:49pm ET
Barclays Global Investors’ new fund of hedge funds unit is aiming to raise about $1 billion for its first offering, according to a Thompson Financial report.
New York- and London-based BGI Alpha Management Group launched AlpEx, its first external global fund of hedge funds, late last year. According to a Thompson source, the firm hopes to gather the $1 billion over the next 18 months.
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…