May 7 2012 | 4:07pm ET
D.E. Shaw Group is set to launch a hedge fund this summer with a focus on European loans.
The New York-based firm's Alkali Fund will debut in July. It is unclear how much D.E. Shaw has raised for the vehicle or how much it is seeking, but it will be helmed by the firm's four-year-old asset-backed securities team, which has generated $800 million in profits for a multi-strategy hedge fund.
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…