Feb 3 2010 | 7:49pm ET
The regulator has sent a request for information to Paulson & Co., the $30 billion New York-based hedge fund run by John Paulson, about collateralized debt obligations. Paulson made his name and fortune three years ago when he bet against the subprime mortgage market and won big, earning $15 billion for his investors.
Paulson is cooperating with the request, and is not the target of the probe. The SEC has also subpoenaed most major banks for information about their sale and marketing of CDOs.
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…