Sep 7 2010 | 8:30am ET
Goldman Sachs’ proprietary trading business—the cradle of many of the world’s most successful hedge fund managers—will close to comply with new U.S. financial regulations, but not before spawning another hedge fund or two.
Some members of Goldman's Asia prop. team are likely to join a hedge fund founded by Morgan Sze, head of that group, while the New York-based traders are in talks to join an asset management firm.
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…