Friday, 19 September 2014
Last updated 13 hours ago
Oct 23 2012 | 8:07am ET
New York hedge fund managers traded their spreadsheets for guitars earlier this month, making this year's Rockertoberfest the most successful yet.
The event, an annual fundraiser for A Leg To Stand On, helps that charity provide prosthetic limbs and corrective surgeries to children in developing countries. This year's New York iteration attracted 1,200 guests who turned out to hear the musical stylings—both plugged and unplugged—of industry professionals.
Special guests included former Knicks player John Starks, actors Federico Castelluccio, James McCaffrey, Ice-T and his wife Coco, and David Hudson, the musician and ambassador for Wall Street Rocks.
“It is hard to believe that it has almost been 10 years since we first started this mission to help give children a chance at a better life,” says ALTSO co-founder and chairman, hedge fund manager C. Mead Welles. “We are so grateful to everyone who has helped, and so proud of all the children we have been able to help.”
ALTSO, with programs in 13 countries throughout Asia, Africa and Latin America, has transformed the lives of more than 8,000 children. In 2011 the charity treated more than 1,600 children, and registered nearly 2,000 children this year—bringing their projected total of children treated to 10,000 by December 31st.
If you missed Rocktoberfest in New York this month, don't worry—there's a Chicago version of the event scheduled for October 25 and featuring Jen Justice Band, Deep Cover, The Wrong Boys, Flyte and special guests John Langford and Sally Timms.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.