Feb 22 2011 | 10:13am ET
Northwest Investment Management, the former Asian hedge fund arm of RAB Capital, plans to raise US$250 million for a new market-neutral hedge fund.
The Hong Kong-based firm, which spun off from RAB in 2009, will launch its Equity Alpha Fund in April. The firm's principals will seed the new vehicle, which they hope will raise the quarter-billion dollars within a 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…