Canadian Hedge Fund Industry raises more than $150,000 at 3rd Annual Hedge Funds Care Canada Gala

    TORONTO, Nov. 13 /CNW/ - Canada's hedge fund industry rallied in support
of the treatment and prevention of child maltreatment last Thursday, raising
north of C$150,000 for Toronto-based foundations that help prevent child abuse
and neglect at Hedge Funds Care Canada's third annual gala.
    More than 150 hedge fund industry professionals wined, dined and mingled
at the Sutton Place Hotel's exclusive Stop 33 top-floor lounge in support of
Hedge Funds Care Canada (HFCC), the country's only philanthropy exclusively
dedicated to the treatment and prevention of child abuse and neglect.
    Bay Street, Bloor Street, and visiting Wall Street hedge fund authorities
took part in a first-rate gourmet-gala evening, tasting top-tier dishes and
desserts prepared by the award-winning chefs of the Toronto-based Sutton
Place, the headquarters of the Toronto International Film Festival.
    One lucky guest walked away with a genuine one-carat custom-designed
diamond pendant worth US$15,000, which was picked out among more than 100
identical cubic zirconium pendants that guests had the option of purchasing in
the "Diamond Rush" event hosted by Toronto jewelers P&H Design.
    "That homeless person on the street begging for change, that woman who
sleeps on a cardboard box on a grate, there is a very strong chance that those
people were victims of child maltreatment," University of Toronto Professor
and academic consultant Marion Bogo told attendees. "The programs that your
money helps fund helps prevent maltreatment at its earliest stages, which in
turn helps these people and helps our society overall."
    "The Canadian hedge fund industry is particularly devoted to
philanthropic causes, and this cause resonates," says Corey Goldman, President
of Hedge Funds Care Canada and Senior Editor of New York-based hedge fund
magazine MARHedge. "Child abuse and neglect is easily preventable, and there
is no reason that any child, in Canada or anywhere in the world, should be
exposed to trauma, maltreatment or neglect."
    Helping with the fundraising efforts and adding to the elegance of the
evening were the generous efforts of HFCC's local and international sponsors,
which included: Arrow Hedge Partners, AIMA Canada, BMO Capital Markets, Calyon
Financial, CMC Markets, Citco, Credit Suisse, Deloitte & Touche, Ernst &
Young, Fulcrum Fund Administration, Goodwood Inc., Hillsdale Investment
Management, Mr. John Budzyna, HSBC, MARHedge, Marret Asset Management,
Pricewaterhouse Coopers, RBC Capital Markets, Rosseau Asset Management, Scotia
Capital Markets, Sprott Asset Management, Salida Capital Management and TD
Securities.
    Midtown Saab of Toronto, P&H Design and Halpern Enterprises also
graciously donated their products and services to help with the cause.
    Since it was founded in 2004, HFCC has given more than C$250,000 to three
Toronto-area organizations: the Child Psychotherapy Foundation of Canada; the
George Hull Centre for Children and Families; and the Hincks-Dellcrest Centre.

    HFCC is part of a larger alliance of hedge fund industry professionals
that comprise New York-based Hedge Funds Care, which was established in 1998
by Rob Davis, a dedicated hedge fund professional interested in giving back to
protect children from abuse and neglect.
    The group, which includes prime brokers, attorneys, accountants,
information providers, investors and managers, has raised approximately
US$18,000,000 through annual benefits in Toronto, New York, San Francisco,
Chicago, Atlanta, Boston, Denver, London and the Cayman Islands, which has
been distributed to local, community-based nonprofits focused on providing
treatment and support to families in crisis, children who have been abused
and/or are in foster care.
    Hedge Funds Care is proud to be the only business group solely devoted to
combating child abuse, and in eight years has made a powerful contribution to
saving children. Because of the shame associated with child abuse, it remains
a dramatically under-resourced and rarely discussed problem.
    More information about Hedge Funds Care can be found online at
www.hedgefundscare.org.

For further information: Corey Goldman, Hedge Funds Care Canada, 120
Eglinton Avenue East, 10th Floor, Toronto, Ontario, M4P 1E2, Phone: (416)
322-2863, Email: cgoldman@marhedge.com, Web site: www.hedgefundscare.org