Hedge Fund Managers Break a Sweat For a Good Cause

Aug 11 2006 | 12:00am ET

While hedge fund firms are known for making big bucks for their clients, they are also particularly good at raising money for charity. New York-based Alternative Asset Investment Management held its First Annual Hedge Fund Industry Charitable Squash outing in late May, in which well known money managers ran around, dripping in sweat, all in an effort to raise funds to build the single largest squash/academic facility in New York City.


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