May 29 2012 | 1:22pm ET
In a sign of the troubles facing the fund of hedge funds industry, one of that space's most prominent players may be looking to sell.
Arpad Busson has had talks about selling his EIM to another asset manager as its assets fall and as investors wean themselves off of funds of funds. Busson reportedly wants to remain a part of EIM after a sale.
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…