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Alternative Market Briefing

Hedge funders reach deep into their pockets to help children

Wednesday, October 09, 2013

C. Mead Welles
Benedicte Gravrand, Opalesque Geneva:

A lot of charitable acts took place in the hedge fund industry recently.

A Leg To Stand On’s (ALTSO’s) second annual Rocktoberfest-Chicago, on October 3rd, raised close to $100,000 with the strong support of major sponsors and attendees from more than 400 Midwestern financial, business and hedge fund communities.

"I am incredibly proud to see so many caring individuals from the Chicago financial community come together in support of ALTSO’s vital mission," said hedge fund manager and ALTSO co-founder/chairman C. Mead Welles. "Our work would not be possible without all of the sponsors, attendees and volunteers that unite to create a special evening that not only showcases the musical talent in our industry, but also their unwavering commitment to making a lifelong difference for children with limb disabilities in the developing world."

ALTSO will celebrate its tenth anniversary on Wednesday, October 23 at Capitale located at 130 Bowery.

We also heard from ABC News that as the US lurched toward the beginning of the second week of the shutdown, Houston-based hedge......................

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