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Alternative Investment Industry Goes All In to Support...

Date: Wednesday, March 18, 2015
Author: News Release

Alternative Investment Industry Goes All In to Support Career Mentorship at StreetWise Partners’ Annual Charity Poker Event


More than 300 Hedge Fund and Private Equity Industry Leaders and Special VIP Guests United to Raise Over $275K at the Raising the Ante Poker Tournament and Casino Event

New York, March 17, 2015 – StreetWise Partners, a leading non-profit organization that works with low-
income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event at Capitale in New York City. Special guest appearances included NY Knicks Legend John Starks, NY Rangers great Alex Kovalev, and former NY Giants player Thomas Randolph. The evening’s Grand Prize winner, John Sabat, Portfolio Manager at Cubist Systematic Strategies, earned a seat at the World Series of Poker Main Event in Las Vegas this summer, and rounding out the final five were J.R. Havlan (Writer, The Tonight Show Starring Jimmy Fallon and 8-time Emmy Award winning writer for The Daily Show with Jon Stewart); Kor Baydurcan; member of StreetWise Partners’ Board of Directors, Tony Snow, from Red Oak Partners; and Jonathan Caruso from Indus Valley Partners. Attendees also participated in a live and silent auction and enjoyed a delicious dining experience and premium open bar.


“Proceeds from this event will make a huge impact on so many more lives!” said Brian Korb, StreetWise Partners Board member and Event Co-Chair. “StreetWise Partners’ Career Ventures Program matches low-income trainees with some of the area’s best and brightest business professionals. Our 2:1 career mentoring allows us to take every dollar raised so much further since our corporate partners donate not only office space and computers but also many of the volunteers that participate in our 3-month program. We are very thankful to everyone who came out to show their support and make it such a special night!”


“The Raising the Ante event was amazing. It was a great opportunity to not only have a lot of fun with my friends and peers in the financial community but to also help raise funds for StreetWise Partners’ programs that change the lives of hard-working disadvantaged individuals every day,” said John Sabat.


"I had an amazing time at the StreetWise Partners event. The night was perfectly planned and beautifully staged, and to top it off I was thrilled to find myself sitting at a poker table next to New York Knicks legend, John Starks! I always embrace the opportunity to help raise money for people less fortunate than myself but rarely do I have the chance to have so much fun doing it. StreetWise Partners provides unique training and guidance that enables disadvantaged individuals to develop a strong work ethic and pursue successful careers with substantial increases in their income. It's a compassionate, thoughtful and brilliantly run organization that I look forward to providing with my continued support,” said J.R. Havlan.


Raising the Ante was presented by General Atlantic and also sponsored by Paul Weiss, Fidelity National Title Insurance Company, KPMG, Latham & Watkins LLP, Contour Venture Partners, Energy Capital Partners, Jefferies, and Goldman Sachs. Event partners included the Hedge Fund Association and the New York Hedge Fund Roundtable and music was provided by Scratch Events.  


To view and download high-resolution photos from the event please click here.


About StreetWise Partners

StreetWise Partners is a 501(c)3 nonprofit organization that works with low-income individuals to help them overcome employment barriers so that they can break the cycle of poverty, obtain better jobs and achieve economic self-sufficiency. Since inception in 1997, StreetWise Partners has changed the lives of over 2,600 job seekers while leveraging the time and expertise of approximately 6,000 volunteers. StreetWise Partners’ programs are hosted in the corporate offices of leading global corporations, including PwC, Barclays, March & McLennan Companies, NYSE, Gallup, and White & Case. Last year, StreetWise Partners’ trainees’ average weekly income increased by 48% just during the 13-week program. 65% of StreetWise Partners alumni are employed and more than 70% of employed alumni obtained their position or received a promotion while enrolled in, or after graduation from, the StreetWise Partners Career Ventures program. To learn more please visit http://streetwisepartners.org and watch this Impact Video.  




Event Contact: Lauren Libera; Interim Executive Director; 202-454-2022; lauren@streetwisepartners.org


Media Contact: Mitch Ackles; Hedge Fund PR; 646-657-9230; mitch@hedgefundpr.net


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