Sat, Nov 1, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Hedge Funds Care Cayman raises $220,000

Wednesday, December 01, 2010
Opalesque Industry Update - The Cayman Islands hedge fund community assembled at Camana Bay in support of Hedge Funds Care Cayman ‘Open Your Heart to the Children Benefit.’ The benefit dinner held on 6th November raised a total of $220,000 that will be used to further eradicate and assist the victims of child abuse.

Peter Cockhill, Co-Chair said “Year on year, this event exceeds our expectations and despite the current difficult economic conditions, this year has been no exception. Of course, the success of such an event is due to the hard work and dedication of our committee and the involvement of all who attend.” Cockhill noted that after three years as Chairman, the last of which was as co chair, he was stepping down and Lauren Nelson would assume the role of chairperson assisted by her fellow directors Patrick Agemian, Geoff Ruddick, Greg Bennett and the committee members.

The benefit dinner was attended by 285 people and this year’s theme was Serengeti Sunset. Highlights of the evening included both live and silent auctions, a raffle and live entertainment.

In her address, Lauren Nelson, Co-Chair and incoming Chairperson said that “In these 6 years Hedge Funds Care Cayman has distributed over $1m USD and has made an important difference in community awareness of child abuse and in improving services for vulnerable children. Because of your support and caring many young people in these Islands have new hope for a brighter future and many families are better able to raise safe, happy and productive children.”

Each year relevant organisations are invited to apply for grants to support child abuse prevention and treatment services. Applications are reviewed by a Grant Selection Committee, which includes HFC Board members, Hedge Funds Care ED Dr. Kathryn Conroy, and an academic consultant, from the University of California, Dr. Bart Grossman. Committee members visit the agencies and meet with staff prior to granting the awards. The application process for 2011/12 will start shortly and the sums raised at the 2010 event will be put to work...Corporate website: Source
KM

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Macks aim to raise $750m for real estate debt fund[more]

    From Therealdeal.com: Father-son duo William and Richard Mack and former Blackstone Group managing director Peter Sotoloff are starting a new real estate debt fund. Together, the trio hopes to raise more than $750 million for the private equity fund, according to the Wall Street Journal. The fund wi

  2. Manager Profile - Seth Klarman: Lessons for retail and institutional investors[more]

    From Valuewalk.com: Seth Klarman is virtually unknown outside value circles, despite his impressive record and value of assets under management. On average Baupost has returned 19% p.a. despite holding a large portion of its assets in cash. During the financial crisis, Seth Klarman’s funds lost some

  3. North America - FATCA leads 75% of U.S. expats to consider dropping citizenship[more]

    From International-adviser.com: Nearly three quarters of American expats are considering the renouncement of their citizenship following July’s introduction of the “absurd” Foreign Account Tax Compliance Act (FATCA). The findings, which were revealed in a survey by deVere, come alongside the news th

  4. New app allows asset managers easy interaction with portfolios, securities, holdings, transaction details[more]

    Komfie Manalo, Opalesque Asia: Global financial services software company SS&C Technologies Holdings has launched Explorer, a powerful data visualization and analysis tool that turns critical investment data into meaningful information. Explore

  5. Opalesque Exclusive: Mariner’s new healthcare mandate applies strategic approach across pharmaceutical and biotech sectors[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A team of two was hired in February this year t