Apr 15 2010 | 11:24am ET
A top healthcare hedge fund manager has gone into business for himself. Roderick Wong, who managed Davidson Kempner Capital Management’s healthcare investments for four years, has founded RTW Investments.
The new firm launched its maiden fund on March 1 with less than $100 million. But Wong—who is a medical doctor, to boot—has been managing his own money in the strategy since he left Davidson Kempner early last year, returning 66% over the last 10 months of 2009 and another 18% through the first quarter of this year.
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…