Mon, Feb 20, 2017
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. With $54bn in assets, Philippines is ready for hedge funds, alternative investment products[more]

    Komfie Manalo, Opalesque Asia: With the country's outstanding fund management industry at $54bn and growing, the Philippine market and its investors are ready to invest in "more sophisticated" asset management products, like hedge funds and alternative investments, said Deanno J. Basas, presi

  2. SoftBank to buy Fortress Investment for $3.3bn[more]

    From Reuters.com: Japan's SoftBank Group Corp on Wednesday said it has agreed to buy Fortress Investment Group LLC for about $3.3 billion, looking to add investment expertise as it prepares to launch the world's largest private equity fund. The all-cash deal is SoftBank's first major investmen

  3. ...And Finally - Truth in advertising[more]

    From Newsoftheweird.com: Girl Scout Charlotte McCourt, 11, of South Orange, New Jersey, saw her sales zoom recently when she posted "brutally honest" reviews of the Scouts' cookies she was selling -- giving none of them a "10" and labeling some with dour descriptions. She was hoping to sell

  4. Europe - Brexit - Updated legal guide, Euro exchange rates set to tumble as hedge fund's super computer predicts Marine Le Pen will be next French president, Swiss fund market hits all-time high[more]

    Brexit - Updated legal guide From Herbertsmithfreehills.com: When we began analysing in depth the possibility of Britain exiting the EU (Brexit), 18 months prior to the June 2016 referendum, the business consensus was very much that Brexit was a remote prospect that either would never hap

  5. People - Gramercy appoints Bradshaw McKee as managing director of Capital Solutions, Trump taps Cerberus's Feinberg to lead intelligence review[more]

    Gramercy appoints Bradshaw McKee as managing director of Capital Solutions Gramercy Funds Management LLC, a $5.8 billion dedicated emerging markets investment manager, today announced the appointment of Bradshaw McKee to the position of Managing Director, Capital Solutions and Distressed