Hedge Funds Care Raises Over $170,000
3rd Annual East Coast Golf Tournament Unites Hedge Fund Industry to Help Prevent and Treat Child Abuse and Neglect
New York - September 1, 2010 - Hedge Funds Care, a global
non-profit organization which raises funds and awareness within the alternative
investment industry for programs that work to prevent and treat child abuse,
announced today that its 3rd Annual East Coast Golf Tournament, held on August 16, 2010 at the Greenwich
Country Club was its most successful golf outing ever. The event raised over $170,000 which will expand
support of the charity's grantees.
"With over 30 foursomes participating in this year's tournament,
the turn out of the alternative investment community at this event was nothing
less than spectacular," said Glen Dailey, Managing Director, Jefferies &
Company. "The success of this golf tournament
speaks to the power of Hedge Funds Care to unite our industry behind a common
cause - making a difference in the lives of children."
Members of the hedge fund community who attended not only enjoyed
a fast-paced game of golf, but also a great cocktail party afterwards. The fun and exciting atmosphere was only
enhanced by the fact that attendees had the chance to win raffle prizes
including a threesome of golf at Bayonne Golf Club, a threesome of golf at
Galloway National, threesome at Round Hill Club, a BMW Sedan, a threesome of
golf at the Trump National in Bedminster and a twosome at Winged Foot. Plans are already underway for an expanded 4th
Annual East Coast Golf Tournament next year which will aim to set yet another
record showcasing the philanthropic leadership of the hedge fund industry.
Hedge Funds Care
Hedge Funds Care is an international charity supported largely by the alternative investment industry. Its sole mission is to support efforts to prevent and treat child abuse. Hedge Funds Care raises money, primarily through events, and awards grants in 11 major cities in the United States, Canada, the Cayman Islands, and the United Kingdom. Approximately 30 events are held annually. Hedge Funds Care's grantees service children of all ages and span the entire spectrum from preventive and educational services for at-risk families to forensic interviews and treatment of children who have already experienced abuse. We generally fund small, community-based organizations, where small grants can have a profound impact. In 2009, Hedge Funds Care awarded over $2.6 million to 83 organizations. Since inception, Hedge Funds Care has awarded more than 600 grants totaling $23 million. Hedge Funds Care is largely a volunteer-driven organization, with professionals from the hedge fund industry serving on the Board and on local committees that plan events and evaluate grant proposals. The organization has a small staff based in New York City.To learn more, please visit www.HedgeFundsCare.org.
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