Sep 6 2012 | 12:42pm ET
The biggest hedge funds in America got bigger during the first half, as hedge funds with at least $1 billion in assets added to their total. All told, the 268 members of the group—making AR magazine's billion-dollar club as numerous as it has even been—manage $1.42 trillion, 1.43% more than a year ago and 6% more than six months ago. And growth was concentrated in the biggest among them, with the largest 50 firms growing at a 3.17% clip, compared to just 1.52% for the rest.
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…