May 24 2010 | 2:11pm ET
By Jennifer Feldsher, Bracewell & Giuliani -- As markets have become more complicated, so too has the use of credit bidding. With private equity and hedge funds frequently replacing traditional bank lenders in the capital structure, credit bidding has become more strategic, with lenders being just as likely to use credit bidding as a tool to take ownership of a company as to ward off corporate raiders looking to buy on the cheap.
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…