Sep 10 2012 | 12:55pm ET
Paulson & Co. hopes to pull off the turnaround that eluded it last year and for the first seven months of the year, and those hopes got a shot in the arm in August.
Most of the firm's hedge funds posted gains on the month, including its flagship Advantage and Advantage Plus funds. Those funds were down 13% and 18%, respectively, through July, after losing 36% and 51%, respectively, in 2011.
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…