Wed, Aug 5, 2015
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. Activist News - Celgene says patent-fighting hedge fund manager wants to short its shares[more]

    From Reuters.com: Celgene Corp, one of the world's largest biotechnology companies, has accused U.S. hedge fund manager Kyle Bass of attempting to profit from his attempts to wipe out several major drug patents through his Coalition for Affordable Drugs. The company asked the U.S. Patent and T

  2. Einhorn's Greenlight Capital hedge fund slumps 6.1 percent in July[more]

    From Reuters/Thefiscaltimes.com: Hedge fund mogul David Einhorn's Greenlight Capital slumped 6.1 percent in July and is now down 9 percent for the year after gold, one of the fund's top holdings, tumbled to five-year lows last week. Greenlight notified clients of its returns late on Friday, ac

  3. Performance - Some hedge fund small-cap energy stocks have been free falling, Dan Loeb's simple strategy destroys the market, Baupost lost 1.4% last quarter as energy bargains proved elusive[more]

    Some hedge fund small-cap energy stocks have been free falling From Marketrealist.com: According to a July 28, 2015, Bloomberg article, there was a 34% fall in small-cap energy stocks over the past three months. These shares are tracked by the Russell 2000 Energy Index. Small-cap energy

  4. Legal - Hedge funds hit Rothstein Kass with $75m malpractice suit, JPMorgan questioned on private bank’s hedge fund disclosures, Kijani fund, seized by regulators in Cayman Islands, spotlights risks in lightly regulated market[more]

    Hedge funds hit Rothstein Kass with $75m malpractice suit From Law360.com: Two investment funds have sued Rothstein Kass & Co. PC for at least $75 million, claiming the New Jersey auditing firm committed accounting malpractice by failing to properly scrutinize overblown valuations of the

  5. Assets - Hedge funds are getting smoked by the commodities slump, Global ETF assets could more than double by 2020[more]

    Hedge funds are getting smoked by the commodities slump From Businessinsider.in: The collapse in commodity prices has burnt another hedge fund. Vermillion, a commodity hedge fund backed by Carlyle Group, has seen its flagship fund's assets fall from nearly $2 billion to less $50 million,

 

banner