Hedgie Lends A Hand Post-Sandy

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.”

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    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…