Tue, Oct 21, 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   |   

Banner

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. Opalesque Exclusive: What's next for trend followers?[more]

    Bailey McCann, Opalesque New York: New research out from Ibbotson touches on a key debate happening among investors and fund managers, specifically whether long term trend followers can survive in the new

  2. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  3. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  4. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  5. Sparx optimistic about outlook for Japan[more]

    Benedicte Gravrand, Opalesque Geneva: According to SPARX, there are causes to be optimistic about the outlook for the Japanese market and the country's economy in general. Sparx Asset Management is a Tokyo-based asset manager, part of