Industry News

Event has raised more than $1.2 million

By IE Staff |

Close to 200 leaders of Canada's hedge fund industry gathered in Toronto on November 3 for the seventh annual Open Your Hearts to the Children Gala.

The special fundraising evening organized by Hedge Funds Care Canada raised more than $200,000 for the prevention and treatment of child abuse, bringing the amount the event has raised for this worthwhile cause to date to more than $1.2 million.

“We are delighted that all proceeds from the event will go to support local and national foundations that support the prevention and treatment of child abuse,” says Corey Goldman, Hedge Funds Care Canada president and director. “The dollars raised this year will have a very positive impact in fighting the scourge of child abuse in this country.”

The evening's program included presentation of a special award to fund administrator Citco Canada in appreciation of their innovative fundraising efforts in support of Hedge Funds Care Canada which, through dress-down days raised in excess of $25,000 this year alone.

Hedge Funds Care Canada was established in 2004 as a way for the Canadian hedge fund community to give back to organizations that provide prevention services to children and families who are at risk for abuse and/or neglect, and treatment to children who have been victims of abuse.