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New York (HedgeCo.net) – The players, coaches and cheerleaders of the San Francisco 49’ers will make a special appearance at the 10th Annual San Francisco “Open Your Heart to the Children” Benefit organized by Hedge Funds Care and the San Francisco 49’ers Foundation.
More than 450 hedge fund managers and investors are expected to attend the event which will feature a wine-tasting of wines from some of California’s finest wineries, including Kosta Browne, Blackbird, Grigich Hills, Bennett Lane, Brix26, Crocker & Starr, Freeman, Hope & Grace, Kristine Ashe, Lail Vineyards, Papapietro Perry, Signorello Estate, Skipstone, and William Cole.
Proceeds will be used by Hedge Funds Care to support child abuse prevention and treatment programs in the San Francisco Bay area. The event will be held on April 13th at 4:30pm PST at The Bentley Reserve (301 Battery Street San Francisco, CA).
“Child abuse remains a pervasive issue and support services for abused children are still greatly underfunded. The Hedge Funds Care benefit allows hedge funds and alternative investment industry service providers to support those children in need of assistance” said Todd Goldman, Principal at Rothstein Kass and one of the Co-chairs for this year’s benefit.
“The hedge fund industry is one of the most philanthropic groups out there. The generosity they have shown year after year to our organization has been astounding. We are expecting this year’s Hedge Funds Care Gala to be one of our most successful in raising money to help kids in the Bay Area,” added Elisabeth MacKnight, Director, Business Development at The Conifer Group LLC. Ms. MacKnight is also a Co-chair for this year’s San Francisco benefit.
A limited number of tickets and sponsorships are still available. For more information, please click here.
Hedge Funds Care is an international charity supported largely by the hedge fund industry. Since inception, Hedge Funds Care has awarded more than 660 grants totaling more than $24 million.
New York (HedgeCo.net) – Over 200 guests attended the 2011 HedgeCo Spring Networking Event on the evening of the 22nd. Celebrating the end of winter, there was food, drink and networking with other members of the alternative investment community.
“I enjoyed everything about the HedgeCo spring networking event.” Craig S. Aronoff, Managing Member at Victor Securities said, “You chose the perfect location, and had a very impressive turn out! The attendee list had a perfect mix of funds, allocators and service providers.”
A mix of investors, hedge fund managers, and other industry professionals came together at the Aspen Social Club in New York to enjoy a night of sharing ideas and meeting new contacts.
Recognized as having the largest attendance for any type of event in the hedge fund industry, the HedgeCo Networking Events have quickly become the top destination for generating new business and meeting new industry contacts.
The HedgeCo Spring Networking Event event was sponsored by American Airlines.
New York (HedgeCo.net) – Hedge fund giant Man Group has made an immediate $1 million commitment via its Charitable Trust to relief efforts in Japan.
“We have all witnessed through TV coverage the scenes of devastation in Japan after the earthquake and tsunami.” Peter Clarke, Chief Executive of Man, said, “It is hard to imagine how this feels to those affected. Our long established and close relationship with Japan means that we are naturally very anxious to play our part in joining with local and international efforts to alleviate the huge suffering that has been caused.”
In a response coordinated with its Tokyo office, the hedge fund will focus this charitable donation on children impacted by the crisis and has pledged $900,000 to Save the Children’s Japan Emergency Appeal and $100,000 to local children’s charities.
“We are extremely fortunate that all of our employees and their families are safe but we are acutely aware that hundreds of thousands of people have been left devastated by last week’s events.” Hidehiko Hayashi, Head of Man’s Regional Office in Japan, said, “We will continue to ensure that we are doing all we can to provide support and assistance to Japan as the nation works together to address this massive natural disaster.”
New York (HedgeCo.net) – Hedge Funds Care announced that hedge fund industry participants donated nearly $2 million at the charity’s 13th Annual Hedge Funds Care New York Open Your Heart to the Children Benefit.
The gala, which drew together approximately 1200 leaders in finance, has quickly become the alternative investment industry’s signature charity gala and is also the largest event that Hedge Funds Care holds anywhere in the world. Hedge fund managers and industry participants who attended partook in an elegant cocktail reception, an exclusive single malt scotch tasting and saw the Hedge Funds Care Award for Caring presented to Anthony Scaramucci, Managing Partner of SkyBridge Capital, for his many philanthropic endeavors. During the 5 o’clock hour today Mr. Scaramucci will appear on CNBC’s Fast Money to discuss Hedge Funds Care and his selection as the honoree.
“Last year, in 2010, Hedge Funds Care made a difference in the lives of 37,560 people. In 2011, thanks to the incredible generosity of my colleagues in the alternative investment industry, we will be able to make an even more substantial impact,” said John Budzyna, Chairman of Hedge Funds Care.
“Child abuse is a hidden problem, something that few are willing to address,” added Kathryn Conroy, Executive Director of Hedge Funds Care. “Because of the incredible philanthropy of the hedge fund industry, Hedge Funds Care can provide grants to organizations which prevent child abuse from happening in the first place, and help the children who have been affected to heal.”
Funds from this year’s event will go to for child abuse programs in New York, New Jersey and Connecticut. Aside from the NY Gala, funds for Hedge Funds Care are raised through events in more than 12 cities in the US, the UK, Canada, and Cayman Islands, and granted to community organizations addressing this issue. Hedge Funds Care is the only grant making public charity that focuses exclusively on funding this cause.
About Hedge Funds Care
Hedge Funds Care is an international charity supported largely by the alternative investment industry. Its sole mission is to support efforts to prevent and treat child abuse. Hedge Funds Care raises money, primarily through events, and awards grants in 12 major cities in the United States, Canada, the Cayman Islands, and the United Kingdom. Approximately 30 events are held annually. Hedge Funds Care’s grantees service children of all ages and span the entire spectrum from preventive and educational services for at-risk families to forensic interviews and treatment of children who have already experienced abuse. We generally fund small, community-based organizations, where small grants can have a profound impact. Since inception, Hedge Funds Care has awarded more than 660 grants totaling more than $24 million. Hedge Funds Care is largely a volunteer-driven organization, with professionals from the hedge fund industry serving on the Board and on local committees that plan events and evaluate grant proposals. The organization has a small staff based in New York City.
Editing by Alex Akesson
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New York (HedgeCo.net) – Over 100 leaders from the Wall Street community are planning to join New York Knicks legends, corporate sponsors, and high school students for an exciting charity basketball tournament hosted by Youth, I.N.C. (Improving Nonprofits for Children).
The Net Gain Tournament kicks off with the highly anticipated “Hedge Fund vs. Private Equity All-Star Game,” followed by a 20-team, full court round-robin tournament on Thursday, March 10, 2011; 5:00 – 10:00 PM; Tip-off at 5:30pm at New York University, Coles Sports Center – 181 Mercer Street, New York, NY 10012.
Celebrity Appearances by Knicks Alumni: Mel Davis, Cal Ramsey, Charles Smith, John Starks and John Wallace. Veteran correspondent Tim Minton will serve as emcee.
The annual hoops tournament has raised more than $4 million for Youth, I.N.C. which helps New York City’s most promising, youth-serving nonprofits deliver opportunities to the city’s most deserving children.
Through a long-standing partnership with Urban Dove and Basketball City, Youth, I.N.C. also funds the Net Gain Program which will provide court time for 17 high schools and 400 New York City students without a home court to play this year.
The Net Gain Tournament has enabled 1,300 corporate executives to impact the lives of over 4,000 at-risk youth. The Program provides high school students with the opportunity to build and develop their leadership, teamwork, and communication skills through varsity sports. Since inception, Youth, I.N.C. has raised $37 million for youth, empowered over 88 nonprofits, and impacted the lives of nearly 600,000 youth.
New York (HedgeCo.net) – Hedge Funds Care is holding it’s 2nd South Florida Benefit for Hedge Funds Care on Dec. 2nd, 2010, the first night of Art Basel, Miami Beach.
“The first annual South Florida Benefit was one of the most popular events of last year’s Art Basel, drawing nearly 300 members of the hedge fund industry from both the Northeast and South Florida,” event Co-chair Greg Levy of Kaufman, Rossin & Co, said.
“Not only does this elegant, sea side cocktail reception qualify for the party of the season, but the funds we raise directly help Hedge Funds Care in its mission of preventing and treating child abuse and neglect,” event Co-Founder Mitch Ackles of Hedge Fund PR, added.
The cocktail reception features live music, gourmet cuisine by prominent local chefs, and spirits. It will be held from 7:00pm to 10:00pm at the iconic art deco gem, the Raleigh Hotel, which is located at 1775 Collins Avenue, Miami Beach, FL.
Editing by Alex Akesson
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New York (HedgeCo.net) – Hedge fund manager David Harding has given a £20 million ($32.1 million) grant to a Cambridge University physics lab, according to Cambridge News.
“Cambridge has a slogan: ‘The Freedom to Discover’ and I am hoping I can give the scientists of the Cavendish more freedom to discover.” Harding said in an interview with Cambridge, “I want to encourage research to keep the skies blue.”
The Nobel Prize-winning research center is working on sustainable energy by to meet the growing demand on natural resources. The donation is the largest ever received by the Cavendish Laboratory, which has 29 Nobel prize winners including James Watson and Francis Crick (DNA), Ernest Rutherford (radioactivity) and Dorothy Hodgkin (structure of Vitamin B). – via Cambridge News
Harding manages the $250 million hedge fund, Winton Capital Management, is a theoretical physics graduate and currently on the list of the top 10 richest UK hedge fund managers.
New York (HedgeCo.net) – Hedge Funds Care helped to raise around $10,000 for child abuse treatment and prevention at a three-hour go-kart race on Sunday, CtPost.com reports.
Hedge fund managers, high-net worth individuals and bankers sponsored 30 teams with names like ‘Team Awesome’ and ‘Black Forest Racing’ with drivers steering 6 ½- and 9-horsepower go-karts around the streets of downtown Stamford. A 45 minute Iron man race also took place after the main event due to ticket sell out.
Since its inception in 1998, Hedge Funds Care has awarded over 660 grants totaling $23 million. The charity was founded by a former teacher who was working in the hedge fund industry.
In the U.S., fundraising events are currently held in Atlanta, Boston, Chicago, Denver, Los Angeles, Miami, Minneapolis, New York, and San Francisco. Events are also held in Grand Cayman, London, and Toronto. Money raised is distributed locally to community-based nonprofit organizations that address child abuse in the following ways:
• Education - to enhance awareness and understanding of abuse and neglect for children, parents,
and professionals in the community
• Prevention – services to at-risk children and families
• Interventions – for children who have been physically or sexually abused and support services to non-offending family members
• Research – on best practices in child welfare
• Advocacy – to improve child welfare
• Training – to equip paraprofessionals and professionals to provide child abuse prevention and treatment services
New York (HedgeCo.net) – Billionaire hedge fund magnate George Soros is giving $100 million to the NY based Human Rights Watch (HRW), according to UK newspaper The Guardian.
The donation is the largest in HRW’s history, and the charity plans to expand it’s reach in developing countries like Brazil, South Africa and India, through the donation. HRW was started in 1978 as Helsinki Watch, and is as a watchdog on governmental abuses around the world, the paper said.
“Human rights underpin our greatest aspirations: they’re at the heart of open societies,” Soros said. “Human Rights Watch must be present in capitals around the globe, addressing local issues, allied with local rights groups and engaging with local government officials.” (Quote taken from The Guardian)
George Soros is also working with the NAACP as they launch a website designed to track racism in the Tea Party Movement.
New York (HedgeCo.net) – Hedge Funds Care’s 3rd Annual East Coast Golf Tournament raised a record of over $170,000 for the support of the charity’s grantees.
“With over 30 foursomes participating in this year’s tournament, the turn out of the alternative investment community at this event was nothing less than spectacular,” said Glen Dailey, Managing Director, Jefferies & Company. “The success of this golf tournament speaks to the power of Hedge Funds Care to unite our industry behind a common cause – making a difference in the lives of children.”
Hedge Funds Care is a global non-profit organization which raises funds and awareness within the alternative investment industry for programs that work to prevent and treat child abuse.
Plans are already underway for an expanded 4th Annual East Coast Golf Tournament next year which will aim to set yet another record showcasing the philanthropic leadership of the hedge fund industry.
New York (HedgeCo.net) – The AT&T USA Cycling Professional Criterium National Championship at the Glencoe Grand Prix is being sponsored this year by The Hedge Fund Association, a not-for-profit international educational and philanthropic group. The race will be be held Saturday August 14, 2010 in the village of Glencoe, Illinois.
“This event’s incredible popularity will allow the Hedge Fund Association and the Glencoe Education Foundation to draw attention to the issues plaguing today’s schools,” said Jim Gabriele, HFA Midwest Chapter Director and Managing Director of Butterfield Fulcrum.
The race, a regional staple for 23 years, will support the Glencoe Educational Foundation, a non-profit organization that seeks to enhance education in the Glencoe School District. As an event sponsor, the HFA will have its own tent where food and refreshments will be offered all day. For devoted racing fans, arrival time is suggested at noon on August 14, 2010, but arrivals are permitted as late as 6pm. A block party will follow the race.
“This is a wonderful opportunity for the hedge fund industry to contribute to education,” stated Stuart Brogan, HFA Director, Business Leader for Hedge Funds at Morningstar Inc and racer at the event. “Through the race’s collaboration with the Glencoe Educational Foundation, we will be supporting technology in the classroom, which is essential for today’s students.”
New York (HedgeCo.net) – The initiative by the hedge fund community, Hedge Funds for Habitat-NYC is hosting a volunteer day on April 2nd. For a minimum contribution of $500, members of the alternative investment community are invited to join their peers on Good Friday and help the group on their latest green project.
The current project is a 41-unit affordable condominium building on Atlantic in Brooklyn made with environmentally-friendly materials, this will also be the largest multi-family building ever constructed by Habitat for Humanity anywhere in the world.
Led by Stuart Feffer, Co-Chief Executive Officer of Lacrosse Global Fund Services, Hedge Funds for Habitat-NYC is looking for supporters from hedge funds and private equity firms who recognize that there are incredible working families in NYC living in unsafe and overcrowded conditions whose life will be forever be changed with a Habitat home.