Editor's Note

Hedge Funds Rock For Charity At Tonight’s Rocktoberfest

Oct 13 2011 | 11:21am ET by Deirdre Brennan

Prakazrel Samuel Michel, better known as Pras, will perform at children’s charity A Leg To Stand On’s annual fundraiser, Hedge Fund Rocktoberfest, on October 13…that’s tonight folks.

The event takes place at 583 Park Avenue in New York City. Tickets can be bought at the door for $250. Doors open at 7:00pm.

The Grammy winning Haitian-American rapper, actor, film producer and activist, and a member of hip hop trio The Fugees, first became aware of ALTSO’s work through his interest in Haiti. ALTSO was already working in Haiti prior to the earthquake in January 2010, but in the wake of the disaster and in response to the obvious need, it further ramped up its efforts.

Including Haiti ALTSO currently has 19 programs in 15 countries across Asia, Africa and Latin America.

“We are truly honored that Pras is willing to use his time and talent to get involved with ALTSO,” says ALTSO’s co-founder, hedge fund manager C. Mead Welles. “The magnitude of what we can achieve in terms of truly transforming these children’s lives through simple surgical procedures and the providing of prosthetics is just incredible.

Welles, CEO of hedge fund Octagon Asset Management, founded ALTSO along with Dr. Dinesh Patel, Chief of Arthroscopic Surgery at Massachusetts General Hospital and Assistant Clinical Professor of Orthopedic Surgery at Harvard Medical School, in 2002.

To date ALTSO has transformed the lives of more than 6,000 children.

Sponsors of this year’s event include: Credit Suisse, Deutsche Bank, ICE, Jacobs Asset Management, Pinebank Asset Management, Rockbay Capital, and Patron Advisors.

Remy Cointreau is sponsoring the open bar, which will include their premium Mount Gay Rum.

In addition to musical performances by bands made up of members of the hedge fund industry, Hedge Fund Rocktoberfest is featuring a silent auction. Items include a Maserati Gran Turismo, sponsored by Wide World Ferrari Maserati, and the opportunity to have lunch with Rene Balcer, donated by the legendary director, producer and writer himself.


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Editor's Note