Hedge Funds Care gala announced

Hedge Funds Care Cayman will host its fourth annual gala dinner, Open Your Heart to the Children Benefit, at The Ritz-Carlton on Saturday, 15 November.

HFCC is an alliance of Cayman hedge fund industry professionals devoted to raising funds for the prevention of child abuse and associated treatment initiatives in Cayman.

The black-tie affair will feature a star-studded evening of glitz, glamour and entertainment. Highlights will include a champagne and cocktail reception, dinner and dancing, and a silent and live auction, featuring such items as sports dream getaway packages, exquisite jewellery, and sports memorabilia.

There are still opportunities to support the 2008 Hedge Funds Care fundraising event by purchasing tickets at US$1,000, sponsoring an ad in the event programme or donating auction items for the silent and live auctions. For more information on how you can contribute, contact Denise Gower at 914-1692 or by email at [email protected].

Last November, the third benefit dinner raised US$254,000 for HFCC. These funds have been put to work locally through the following institutions: The Nadine Andreas Foster Home (operated by the NCVO); the Cayman Islands Crisis Centre; the CAYS Foundation; the Ministry of Education; and the Human Rights Commission.

Grants were awarded according to strict selection criteria that required full disclosure of the purpose and structure of the intended projects, and upon assurance that the organisations were solvent.

What it is

Hedge fund industry professionals established Hedge Funds Care, a charitable organisation focused on assisting young victims of abuse, in 1998. Since that time, chapters have opened in New York, San Francisco, Chicago, Atlanta, Boston, Denver, Toronto, Cayman, and most recently in London. The targeted groups for the organisation include those organisations with interests in hedge funds, including investment managers, investors, prime brokers, attorneys, accountants, administrators and information providers.

The Cayman Committee of Hearts has representation by Appleby, Butterfield Bank, CIBC, Citco, Deloitte, dms Management, Ernst & Young, KPMG, Maples and Calder, Ogier, PWC, Rawlinson and Hunter, UBS and Walkers.

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