Nov 7 2011 | 2:04pm ET
Citigroup has poured some $800 million of its own money into its own alternative investment funds, despite impending federal regulations designed to minimize those investments.
Citi said it had invested most of the roughly $800 million in Citi Capital Advisors hedge and private equity funds in the third quarter. The bank did not indicate which CCA funds received the money, and said that some of the money went to "Citi-advised" funds overseen by the bank's Citi Holdings unit.
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…