Jan 25 2012 | 12:53pm ET
Established in 1986 to encourage the development of natural resources in the U.S., master limited partnerships have only “started to grow up and be a legitimate asset class” very recently, according to Brian Watson, head of research at the Dallas-based investment manager SteelPath. SteelPath specializes in MLPs—which are structured as limited partnerships but trade on public exchanges and must earn 90% of their returns from real estate, natural resources or commodities.
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…