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Canadian hedge fund execs raise funds for child abuse prevention

Date: Tuesday, October 27, 2009
Author: Investment Executive

Leaders of Canada's hedge fund industry and their guests will gather November 4 for the sixth annual Open Your Hearts to the Children Gala, a special fundraising evening organized by Hedge Funds Care Canada. The event will be held at the at the Royal Ontario Museum in Toronto.

Corey Goldman, Hedge Funds Care Canada president and director, says that all proceeds from the event will go to support local and national foundations that support the prevention and treatment of child abuse. To date, he notes, Hedge Funds Care Canada has raised more than $650,000 in support of this worthwhile cause.

“At this year’s event we plan to recognize the Child Development Institute, an important Hedge Funds Care Canada grant recipient, which is celebrating its 100th year of outstanding service to Canada's children,” Goldman says.

“We also plan to present a special award to Sprott Asset Management in appreciation of their role as Hedge Funds Care Canada's lead supporter and largest donor.”

“The response to the gala and the cause it supports has been overwhelming, which is particularly important in these challenging times,” says Meghan MacNicol, who is serving as chair of this year's event.

“It's gratifying to be able to help fund this year's grant recipients who will include: Sprott Asset Management, Scotia Capital, MAN Investments, Polar Securities, Marret Asset Management, Mapleridge Capital, Hillsdale Capital, and others outside of Canada, including HSBC,” MacNicol says.