Oct 5 2010 | 12:25pm ET
Pershing Square Capital Management veteran Richard McGuire is planning a small- and mid-cap equity hedge fund, and has won the backing of the Blackstone Group for it.
McGuire, who left Pershing Square last year, has founded Marcato Capital Management is San Francisco. The new firm will invest in companies with reliable cash flows, such as those in the real estate and consumer goods industries, similar to the strategy run by William Ackman at Pershing Square.
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…