NYC’s Hedge Fund Community Supports Art Show To Benefit Local Charity

Feb 27 2013 | 10:56am ET

Next week members of the hedge fund community will join fellow art enthusiasts at the opening of The 25th Annual Art Show at the Park Avenue Amory to benefit Henry Street Settlement.

“Hedge fund moguls are an important element to art collecting,” said Alan Glatt, a long time steering committee member of the The Art Show. And while Glatt is an avid art aficionado, it is his involvement on the board of Henry Street Settlement that he is most passionate about.

“It is not purely the art for me, but what its storied collectors can do for the arts. It’s very simple, as a group the financial community is in a position not only collect, but to support,” said Glatt, founding partner of hedge fund consultancy and capital placement firm Protocol Capital Management.

(Photo: Courtesy of Henry Street Settlement)(Photo: Courtesy of Henry Street Settlement)

Each year, Henry Street Settlement serves 50,000 individuals in the Lower East Side of Manhattan through social services, arts and health care programs.

“What I find incredibly gratifying is the hedge fund community is very much a part of the mix, from the noted collectors to the emerging collectors,” added Glatt. To this end, Jennifer Bloom, director of capital introduction at BTIG, is serving as co-chair of the Young Collectors’ Committee, which aims to bring in a new crop of supporters with a ticket price that even an emerging hedge fund professional can swing.

Wall Street legend and Glatt’s former mentor at Morgan Stanley, Byron Wien, will once again be one of the benefit chairs.

The Art Show Preview will be held at the Park Avenue Armory on Tuesday, March 5—heralding a week of art fairs and events across the city. It will be open to the public from March 6 to 10, from noon to 8 p.m. Wednesday through Saturday, and from noon to 6 p.m. Sunday. Admission is $25. Tickets are available at the door of the Armory.

For more information and to purchase tickets to the preview gala, please visit Henry Street Settlement.

 


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