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100 Women in Hedge Funds' inaugural London Gala raises £400,000 ($800,000) for The Prince's Trust
FOR IMMEDIATE RELEASE
100 Women in Hedge Funds
Phone: +44 207 451 4000
London, UK - June 14, 2007 - Leaders across the hedge fund industry gathered last night and raised more than £400,000 ($800,000) at the 100 Women in Hedge Funds inaugural Gala celebrating mentoring at the Royal Courts of Justice in London. All proceeds from the event go directly to The Prince’s Trust, 100 Women in Hedge Funds’ UK Charity of the Year.
"Over the past five years 100 Women in Hedge Funds has raised more than £5 million ($10 million) for causes in the areas of women’s health, education and mentoring. We are thrilled that this first effort in London was such a success," said Anne B. Popkin, Chairman of the Board of 100 Women in Hedge Funds.
The proceeds from the Gala fund The Prince’s Trust work in improving the lives of disadvantaged young people in the UK and help them to overcome barriers and get their lives back on track. Through practical support including training, mentoring and financial assistance, this funding will help 14-30 year-olds to realize their potential and transform their lives.
Julian Barrell, Director of Fundraising for The Prince’s Trust, said "We need to raise £1 million a week in order to continue our work. And so we are delighted with the money raised by 100 Women in Hedge Funds. It will improve the lives of many disadvantaged young people.”"
"We are pleased that 100 Women in Hedge Funds could make a significant contribution to The Prince’s Trust. This great success is owed in large part to the corporate financial contributions from our Patrons but also the support and dedication of our 100 Women in Hedge Funds volunteer committee," said Kristen Eshak, London Gala Chair.
100 Women in Hedge Funds presented two of the most coveted awards in the hedge fund industry at the Gala.
Gay Huey Evans, President of Tribeca Global Management (Europe) Ltd. was honoured with the 100 Women in Hedge Funds’ European Industry Leadership Award for her talent, ethics and passion that help define the hedge fund industry’s standard of excellence. "I'm truly honoured to be recognized by 100 Women in Hedge Funds, and am pleased to be associated with their efforts to advance the interests of the alternative investments sector," said Ms. Huey Evans
Michael Hintze, CEO of CQS was honoured with the 100 Women in Hedge Funds’ European Effecting Change Award for his outstanding philanthropic contributions. "I am delighted that 100 Women in Hedge Funds is focused on mentoring this year as it is an area I believe strongly in. Young people are our future and we must continue to invest in them," said Hintze.
The Gala culminated with a Live Auction, conducted by Guest Auctioneer Philip Hook of Sotheby’s, that drew in substantial proceeds through the competitive bidding on a series of valuable lots that were generously donated, including: Lunch with former Prime Minister Margaret Thatcher; a Donna Karan Spring Fashion Show and shopping experience in New York or London; a Behind the Scenes Tour of Sotheby’s Main Galleries and lunch for 10 in Sotheby’s London Board room; tickets and backstage passes for a meet and greet with Grammy winning artist John Mayer, tea at the Ritz with legendary actress, Brenda Blethyn, and tickets for 10 for the Salon Prive Super Car Ladies Day Garden Party at the Hurlingham Club.
This event could not have been possible without countless volunteers, auction donors and the generous contributions made by the Gala Patrons including: Albourne Partners Limited, Altima Partners LLP, Barclays Wealth, Bear Stearns International Limited, The Blackstone Group International, BlueBay Asset Management plc, BNP Paribas Hedge Fund Relationship Management, Brevan Howard Asset Management LLP, Citco Fund Services, Citi Alternative Investment, Citi Prime Finance, CQS, Dresdner Kleinwort, The EIM Group, Eton Park, Fortis Prime Fund Solutions, HSBC Private Bank UK Ltd, JP Morgan Prime Brokerage, KBC Alternative Investment Management, Maple Securities (UK) Ltd, Morgan Stanley, Polygon Investment Partners LLP, SISU Capital, The Tudor Group, and UBS.
About 100 Women in Hedge Funds (www.100womeninhedgefunds.org)
100 Women in Hedge Funds serves over 6,000 alternative investment management investors and practitioners through unique educational, professional development, networking and philanthropic initiatives. Since its first session in 2002, 100 Women in Hedge Funds has hosted more than 100 events globally, connected more than 150 senior women through their Peer Advisory Councils and raised in excess of $10 million for philanthropic causes in the areas of women's health, education and mentoring.
Donations for The Prince’s Trust are still being accepted.
Cheques can be made out to The Prince’s Trust and sent to 100 Women in Hedge Funds’ London Treasurer:
Global Advisors Ltd
19 Berkeley St
London W1J 8ED
For media information contact:
100 Women in Hedge Funds, London
+44 207 451 4000
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