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3 Oct 2006

Hedge Funds Care Gala

Hedge Funds Care Cayman will be hosting its second annual black tie dinner, Open Your Heart to the Children Benefit, at the Ritz Carlton on 16 November.

Hedge Funds Care (HFC), established in 1998, is a group of hedge fund money managers, investors, prime brokers, attorneys, accountants, and information providers. Funds are raised through annual Open Your Heart to the Children Benefits in New York, San Francisco, Chicago, Atlanta, Boston, Denver, Toronto, London and the Cayman Islands. To date they have raised almost $18 million dollars and awarded more than 250 grants to organisations and professionals committed to protecting children from abuse and neglect.

Guests will be entertained with a colourful performance by modern circus artists Cirque Le Masque, involving acrobatic dancing and special effects. Last November, the inaugural benefit dinner raised a net total of $143,000 for the Cayman charity.

Other upcoming events are being held in New York on October 4th in Tenjune; Chicago, October 5th, at the Carnivale; London on October 12th, at the Cafe de Paris; and in Atlanta, October 20th at the Georgia Aquarium. For more information see; http://www.hedgefundscare.org/events/

Hedge Funds Care provide training for community members such as teachers, social workers, hospital/medical staff, lawyers, judges, and religious leaders on recognition of abuse and reporting of abuse, as well as prevention services to at-risk children and families, treatment for children who have been abused, training to enhance awareness and understanding of abuse and neglect for children, parents and community members, research on best practices in child welfare and legal advocacy to children in crisis among other things.

These funds are put to work locally through the following institutions: Children and Youth Services Foundation, National Council of Voluntary Organisations, Cayman Islands Crisis Centre, the Department of Children and Family Services and the National Gallery.

Glen Wigney, Chairman of HFCC, commented: “It is incredible to see not only these worthy projects in action with the money raised from Hedge Funds Care, but to see the organisations who had previously worked remotely, now working together. It is encouraging to see this development and, it has sparked our desire to raise even more money this year for future programmes.”

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