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Charity shelves opulent London hedge fund gala dinner

Reuters – A lavish gala dinner that was a highlight of the London hedge fund industry’s social calendar and counted royalty among its guests has been quietly shelved.

The ARK Gala Dinner, which started in 2002, cost as much as 10,000 pounds ($15,500) a ticket, with entertainment over the years ranging from singers Elton John and Prince to a giant mechanical elephant.

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