Roctoberfest Brings Hedgies Out For Good Cause

Sep 23 2011 | 11:18am ET

Mark your calendar: Thursday, October 13 is the Eighth Annual Hedge Fund Rocktoberfest, an evening out with over 1,000 attendees from the hedge fund industry in aid of children with disabilities.

The event, to take place at 583 Park Avenue in New York City, supports A Leg To Stand On, a charitable organization providing prosthetic limbs and corrective, life-altering surgeries to children in developing countries with limb disabilities.

This year, in addition to bidding on a Maserati Gran Turismo S provided by Wide World Ferrari Maserati, guests can rock out to five hedge fund industry bands—Big Dog Party, The Cause, Crossing Streams, Flash Crash and JAM Partners—who will be taking the main stage.

Corporate sponsors include Credit Suisse, Deutsche Bank, ICE, ICE Trust, Pinebank Asset Management, Rockbay Capital, and Patron Advisors. Ashwan Khanna of Patron Advisors is co-chairing this year’s Hedge Fund Rocktoberfest event along with ALTSO co-founder (and CEO of Octagon Asset Management) C. Mead Welles. Net proceeds from the event will be allocated to ALTSO’s programs in Asia, Africa and Latin America.

Welles, who co-founded ALTSO with Dr. Dinesh Patel, chief of arthroscopic surgery at Massachusetts General Hospital, says that while the organization has programs in 15 countries and has transformed the lives of more than 6,000 children, there is still more to be done:

“We received requests to treat more than 12,000 children earlier this year,” says Welles. “Now more than ever it is important that we focus on the mission and get people out to have fun while supporting a really great cause.”


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...