Sunday, 29 March 2015
Last updated 2 days ago
Dec 13 2012 | 11:45am ET
Last night's star-studded benefit concert for victims of Hurricane Sandy may not seem to have much to do with hedge funds. But the more than $30 million it raised will be distributed through a charity founded by Tudor Investment Corp. founder Paul Tudor Jones.
"Every single penny" raised "will go directly to the Robin Hood Relief Fund," David Saltzman, head of the Robin Hood Foundation, said. Jones founded Robin Hood, which usually focuses on homelessness and education in the Big Apple, more than 20 years ago.
The six-hour concert, beamed to the televisions of nearly two billion people, featured an astonishing array of legendary musicians, including Bon Jovi, Eric Clapton, Billy Joel, Alicia Keys, Coldplay's Chris Martin, the Rolling Stones, Bruce Springsteen, R.E.M.'s Michael Stipe, Kanye West and The Who. There was also a Nirvana reunion of sorts, with Paul McCartney filling in for the late Kurt Cobain.
The Madison Square Garden stage and its attendant celebrity phone-banks were also star-studded, with the likes of Steve Buscemi, Chelsea Clinton, Stephen Colbert, Billy Crystal, Jimmy Fallon, Jesse Jackson, Chris Rock, Adam Sandler, Kristin Stewart, Martha Stewart and Amar'e Stoudemire manning the phones, making pleas for donations or introducing rock stars.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…