Hedge Funds Care To Raffle $100K Electric Car At Chicago Gala

Apr 26 2012 | 4:11am ET

Feeling lucky? The “Open Your Heart to the Children” Benefit, organized by the Hedge Funds Care Midwest Committee of Hearts, will raffle a new 2012 Fisker Karma Sedan, the world’s first high-style, high-performance luxury electric car, at a gala celebrating HFC Midwest’s 10 years raising funds for the prevention and treatment of child abuse. The evening will feature a host of activities, including a silent auction where attendees can bid for a paid summer internship at AlphaMetrix, a leading online marketplace for the hedge fund industry.

The 10th anniversary gala will take place May 23, 2012, from 5:30 p.m. to 10:00 p.m. Central Time, at Venue One (1044 West Randolph Street, Chicago). 

The Karma, which has a manufacturer's suggested retail price of $107,850, was provided to Hedge Funds Care with support from Fisker of North Shore, part of the Fields Automotive Group that serves Chicago, Evanston, Lake Forest and Glencoe, Illinois. Raffle tickets cost $500, and only 750 tickets will be sold.

“Fisker of North Shore’s generosity has heightened excitement for this year’s gala because there is so much buzz around the Karma. We are also deeply grateful for the generosity of our corporate sponsors. These donations will allow us to continue supporting existing grantees while expanding to new programs in the coming year,” said Elizabeth Foster, founder of Hedge Funds Care Midwest.

Pat Hubert, general manager of Fisker of North Shore, said she was instantly persuaded to provide a Karma after learning about Hedge Funds Care’s mission from a hedge fund investor. “What better place to donate than to this charity? We are going to help sell tickets because we are very proud to be working for this cause,” Hubert said.

Additionally, The Kelly Lively Memorial Award, given in recognition of outstanding commitment to Hedge Funds Care, will be presented to Citadel, the Chicago-based global financial institution.

Hedge Funds Care Midwest was founded in 2002 and has awarded 141 grants totaling in excess of $4.8 million since inception. Its Committee of Hearts is co-chaired by Ron Suber, senior partner of Merlin Securities, and Benji Wolken, partner at Ernst & Young.
 
To register for the event and to purchase raffle tickets, please click here.


In Depth

FINtech Focus: Fundbase Aims To Revolutionize Access To Hedge Funds

Jan 23 2015 | 11:03am ET

Global investment in financial technology—also known as fintech—is booming....

Lifestyle

Is Steven Cohen Going to Buy the Brooklyn Nets?

Jan 19 2015 | 6:49am ET

Rumors that Steve Cohen was interested in the Brooklyn Nets emerged after Scott...

Guest Contributor

Investors Benefit From Evolution Of Fund Of Hedge Funds Model

Jan 22 2015 | 12:27pm ET

The evolution of the fund of hedge funds model over the last few years represents...

 

Editor's Note