Apr 26 2013 | 1:09pm ET
It didn't work last time, but SAC Capital Advisors has again eased its redemption policy to stave off further redemptions.
Facing further redemption requests next month, SAC said it will allow investors to withdraw half of their money in both the third and fourth quarters.
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…