Nov 17 2011 | 2:55pm ET
By Phillip Niles, Butterfield Fulcrum -- The alternative investments world was shocked again recently by the sudden collapse of MF Global, Jon Corzine’s broker/dealer and clearing firm, brought down by bad bets in Europe. Even more damaging has been the revelation by the Commodity Futures Trading Commission that around $600 million is flat-out missing from segregated accounts at MF Global, which represents approximately 11% of the total segregated account balances at the 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…