Goldman Exec. Named President Of Hedge Funds Care

Dec 18 2012 | 7:11am ET

Hedge Funds Care, an international non-profit organization which raises funds and awareness for programs to prevent and treat child abuse, has named Dean Backer as its new president.

Baker takes over from John Budzyna, who has just completed the second of his two-year terms in the post.

“John has been an incredibly effective and inspirational president since he assumed the responsibility in November 2008 from the founder, Rob Davis,” said Dr. Kathryn Conroy, executive director and CEO of Hedge Funds Care. “In that time, his leadership, creativity and commitment to the cause have helped Hedge Funds Care navigate safely through the international financial meltdown in 2009 and into three years of increasing revenue allowing for increasing amounts of money for organizations to do the work of preventing and treating child abuse.”

Dean Backer has been a partner at Goldman Sachs since 2002. At Goldman, he is the global head of Sales and capital introduction in the global securities services business. He also serves on the GS Pine Street Board of Directors and is a member of the advisory board for the State University of New York at Albany.

“I am a parent. And as a parent I cannot imagine an issue more important to address than the abuse of children. I am honored to be the president of an organization that prevents and treats child abuse. It is essential that we continue working to increase the visibility, funding and understanding of the important mission that Hedge Funds Care represents,” said Backer.

Hedge Funds Care is an international charity supported largely by the alternative investment industry. Its sole mission is to support efforts to prevent and treat child abuse. Hedge Funds Care raises money, primarily through a series of special events held throughout the year. Hedge Funds Care awards grants in 12 major cities in the United States, Canada, the Cayman Islands, and the United Kingdom. Since inception, the charity has made more than 900 grants worth over $30 million.


In Depth

Q&A: George Schultze On His Fund's Unique Approach to Distressed Investing

Apr 16 2015 | 1:01am ET

George Schultze is a managing member of Schultze Asset Management, a long/short...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Minnesota Supreme Court Rejects The Ponzi Scheme Presumption: Lenders Claw Back Some Of Their Own Rights

Apr 17 2015 | 9:23am ET

A recent court ruling in Minnesota has put an end to the Ponzi Scheme Presumption...

 

Editor's Note