Nov 21 2012 | 11:38am ET
Another hedge fund is calling it quits and blaming a frustrating market for it.
OMG Capital will return its US$230 million to investors. Nick Gaze, its chief operating officer, said that in the "brave new world out there," it simply can't make money.
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…