Tuesday, 27 January 2015
Last updated 4 hours ago
Nov 6 2012 | 1:10pm ET
Roy Niederhoffer, founder and president of New York-based R.G. Niederhoffer Capital Management, organized Hurricane Sandy relief efforts over the weekend, according to a post on his Facebook page.
Niederhoffer's November 4 post, as reported by Bloomberg, said he and an estimated 75 volunteers purchased and delivered food and supplies including water, 1,200 cans of corn, hundreds of hats,1,000 lighters, baby formula, diapers, wipes, glasses, coffee and toiletries to people in areas of New York affected by the storm.
“Friends and random strangers showed up at my place and delivered everything from a rented moving van” to “offers of cars, gas, food, clothing,” Niederhoffer
said. “Who would know that one of the most important items we delivered was
a battery powered LED lantern,” which legal aid lawyers used to help people fill
out FEMA forms in the dark.”
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…