Tue, May 24, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

100 Women in Hedge Funds’ Geneva gala raises CHF380,000 for charity

Friday, November 25, 2011
Opalesque Industry Update - 100 Women in Hedge Funds ("100WHF") held its 10th Anniversary Geneva Gala last night at the Grand Hotel Kempinski, raising CHF 380,000 for Coeurs Pour Tous (Hearts For All) Operation Vietnam Project. The evening, attended by 220 members and leaders across the European alternatives industry, was compered by Bloomberg TV anchor Maryam Nemazee and featured a performance from the international pop star Belinda Carlisle.

Since its formation in 2001, 100WHF has raised over $24 million globally to support various charities in the fields of women's and family health, mentoring and education. This year, which marks the organization's 10th anniversary, 100WHF is focusing its charitable efforts on supporting women and family health initiatives. Coeurs Pour Tous offers life-saving operations and provides essential equipment and training for medical staff to treat children with cardiac diseases in developing countries.

Coeurs Pour Tous was established in 1998 in Switzerland by Professor Kalangos, the Chief of the Cardiovascular Department of the University Hospital of Geneva (HUG). Funds raised by 100 Women in Hedge Funds will be used to open a fully equipped clinic and provide training to the local medical team at the University Medical Centre Ho Chi Minh in Vietnam, which will allow the medical professionals at the hospital to treat complex cases and to save even more lives of disadvantaged young people around the world.

100WHF also honoured Galia Velimukhametova, Portfolio Manager at GLG Partners, at the Gala on her 100 Women in Hedge Funds' 2011 European Industry Leadership Award, which was awarded in London last month. The award was given in recognition of Galia's professional talent and passion for investing.

Professor Afksendiyos Kalangos, commenting on the Gala, said, "I would like to sincerely thank 100 Women in Hedge Funds for organising this Gala evening, the proceeds of which will go towards the purchase of a modern echocardiography machine which will improve the diagnosis of cardiac disease. During these few months of collaboration, I have come to appreciate their commitment to the humanitarian cause and their sensitivity with respect to issues faced by these most vulnerable children."

Commenting on the Gala, Claire Smith, 100WHF London Board Champion for Switzerland, said: "It is 100WHF's philanthropic mission to leverage its collective abilities and expertise in order to give back to the community. On our 10th Anniversary we in Switzerland were delighted to partner with Coeurs Pour Tous to allow it to extend its work in Vietnam, which lacks specialist equipment to treat incidence of cardiac disease in children. We hope that the funds raised at the Geneva Gala and other 100WHF fundraising events in Switzerland will contribute significantly to the success of this project and to the saving of many young lives."

To make a donation to the Coeurs Pour Tous Operation Vietnam Project, please contact the Geneva Philanthropy Committee at phigen@100womeninhedgefunds.org.

(press release)

About 100 Women in Hedge Funds: (www.100womeninhedgefunds.org)
100 Women in Hedge Funds is a global, practitioner-driven non-profit organization serving over 10,000 alternative investment management investors and professionals through educational, professional leverage and philanthropic initiatives. Formed in 2001, 100 Women in Hedge Funds has hosted more than 250 events globally, connected more than 250 senior women through Peer Advisory Groups and raised $24 million for philanthropic causes in the areas of women's and family health, education and mentoring.

About Coeurs Pour Tous: (www.coeurspourtous.ch)
Coeurs Pour Tous was established in 1998 in Switzerland by Professor Kalangos, the Chief of the Cardiovascular Department of the University Hospital of Geneva (HUG). Since its creation, the association has saved the lives of thousands of children with cardiac diseases living in developing countries, performing surgery in hospitals desperately lacking adequate equipment and trained medical staff. It has also introduced life-saving heart institutes in Mozambique, Mauritius, Serbia and Lebanon and its next goal is expand its activities to Vietnam, using funds raised by 100 Women in Hedge Funds to open a fully equipped clinic and provide training to the local medical team in order to save yet more young and disadvantaged lives.

BG

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. Paul Tudor’s hedge fund trims fee amidst poor performance, keep investors[more]

    Komfie Manalo, Opalesque Asia: Paul Tudor’s $11.6bn hedge fund firm Tudor Investment Corp. announced on Monday it would slash down fees of one of its biggest fund to 2.25% of assets and 25% of profits amidst backlash arising from poor performa

  2. West Virginia objects to Alpha Natural sale to hedge fund[more]

    From AP/Heraldcourier.com: West Virginia's environmental authority has filed an objection to the proposed $500 million sale of Alpha Natural Resources' assets to a hedge fund, arguing that the deal could leave the state holding hundreds of millions in reclamation liabilities. The Register-Hera

  3. Mitch Petrick leaves Carlyle as his hedge fund unit suffers losses while assets expand[more]

    Komfie Manalo, Opalesque Asia: Mitch Petrick will be leaving Carlyle Group as head of its hedge funds unit overseeing about $34bn as of March 31, after several funds under his management suffered losses while assets expanded, various media reported. Petrick joined Carlyle in 2010 and was a former

  4. Institutions - Kentucky pension leans into hedge funds amid governance turmoil, Korea's NPS names finalists for initial $1 billion hedge fund-of-funds allocation[more]

    Kentucky pension leans into hedge funds amid governance turmoil From AI-CIO.com: The Kentucky Retirement Systems moved to increase its hedge fund allocation as controversy reigned over fund leadership. Following a string of high-profile hedge fund exits, the Kentucky Retirement Systems (

  5. Fund Profile - The hedge fund that couldn't stay open long enough for a big payday[more]

    From Bloomberg.com: Toby Dodson waited six months for his bet against a fragile Portuguese bank to pay off. But before the reckoning, word came down from his hedge fund bosses at Achievement Asset Management in Chicago: get ready to clear out your desk and unwind your trades, we’re shutting down. Th