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.”

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...