Feb 25 2011 | 9:14am ET
The Securities and Exchange Commission has charged a prominent former hedge fund manager and four others with manipulating markets in U.S. micro-cap stocks.
Florian Homm, the founder and former chief investment officer of Absolute Capital Management, and Todd Ficeto earned some $63 million in illegal profits through their California brokerage, Hunter World Markets, the agency alleges, as part of a "portfolio pumping" scam.
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…