Mar 7 2013 | 12:26am ET
Portman Square Capital Management, founded by former Citigroup proprietary trading chief Sutesh Sharma, has parted ways with its CEO and a portfolio manager, reducing its scale to fit its reduced size. Andrew Mack, a former colleague of Sharma's at Morgan Stanley, left his post as CEO and chief risk officer this week, after just five months on the job. Sharma determined he could not afford to keep Mack given Portman Square's smaller size.
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…