New York (HedgeCo.net) – Former New York Yankees Manager Joe Torre will receive the “Hedge Funds Care Founder’s Award” at the 14th Annual New York Open Your Heart to the Children Benefit, it was announced today by Hedge Funds Care, an international non-profit organization that raises funds from the hedge fund industry to help prevent and treat child abuse.
The annual benefit, one of the hedge fund industry’s premier events, will take place on Thursday, March 1, 2012, at Cipriani 42nd Street (110 East 42nd Street, New York City) and will unite more than 1,100 senior executives in finance for an elegant evening of cocktails, networking and entertainment in support of a common charitable cause. The co-chairs for the event are Jay Peller, Managing Director of Citco Fund Services, and Joseph Fisher, Partner and the New York Hedge Fund Audit Leader at Deloitte & Touche LLP.
The proceeds will fund programs that prevent and treat child abuse in New York, New Jersey, and Connecticut.
Torre will receive the Hedge Funds Care Founder’s Award which is only given in those years when Hedge Funds Care wants to recognize the extraordinary work of an individual to address child abuse. Torre is only the third recipient. He is receiving the award for his outstanding dedication to ending the cycle of domestic violence, and its effects on children, after experiencing abuse as a child in his own home in Brooklyn.
“Protecting our children from abuse should be a national priority, and, as we have seen from the recent news about Penn State, we have a lot of work to do,” said Joe Torre, whose own foundation helps victims of domestic violence, both adults and children. “The dollars we raise at this year’s benefit will help us aid the victims of child abuse by supporting multiple programs throughout the greater Metropolitan area that have a similar mission.”
Given the volatile economy, we are so pleased by the outpouring of support we have already received,” said event co-chair Jay Peller of Citco Fund Services, adding, “Our supporters clearly recognize that Hedge Funds Care is making a tremendous difference in the lives of children every single day and that much more can and needs to be done.”
“Whether at home, on the playing field, at school or a place of worship, children should be safe. Unfortunately, too often they are not. That is why we must raise funds and support those efforts that protect vulnerable children,” said Dr. Kathryn Conroy, Executive Director and CEO, Hedge Funds Care.
Previous event honorees include Michael Novogratz, President of Fortress Investment Group, Kenneth Tropin, Chairman of Graham Capital Management and Michael Vranos, CEO of Ellington Management. Previous Founders Award recipients include Lee Daniels, director of “Precious,” and Sen. Scott Brown, author of “Against All Odds,” his own biography of abuse.
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