New York (HedgeCo.net) Hedge Funds Care is holding its 12th Annual New York “Open Your Heart to the Children” benefit on Thursday, February 25, 2010 at Cipriani 42nd Street.

A committee will award Michael E. Novogratz, President of Fortress Investment Group, with a Hedge Funds Care Award, among others. The first founder’s award will be presented to Lee Daniels, director of Precious. Michelle Caruso-Cabrera of CNBC will serve as master of ceremonies for this year’s event.

The New York benefit is one of the key charity events in the hedge fund industry, gathering over 1,000 industry leaders and raising over $1,000,000 for child abuse programs in New York, New Jersey, and Connecticut.  This year’s event will feature an elegant cocktail reception, in lieu of a seated dinner.

Event co-chairs include Dean C. Backer, managing director of Goldman Sachs and Richard H. Baker, president of the Managed Funds Association.

Editing by Alex Akesson
For HedgeCo.net
alex@hedgeco.net
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