(Opalesque) Opalesque Industry Update – Help For Children (HFC), one of the most globally renowned charitable organizations associated with the hedge fund industry, raised $1.5 million at its 18th Annual Hedge Funds Care New York Benefit on March 10th, with all proceeds benefiting programs to prevent and treat child abuse. The gala, hosted for the first time at the iconic New York Public Library, attracted over 550 senior executives from some of the world’s most prominent hedge fund firms, leading investors and top industry luminaries. During the special evening HFC honored recently retired Ernst & Young senior partner and former Head of EY’s hedge fund practice, Don MacNeal, for his strong commitment and support of the HFC mission.
“This annual HFC benefit, one of the industry’s premier charity events, united hundreds of philanthropic executives, including hedge fund managers, investors and industry professionals, to help prevent and treat child abuse,” said Dean Backer, President of HFC and Global Head of Sales and Capital Introduction in the Global Securities Services group at Goldman Sachs. “I can’t thank the hedge fund and finance community enough for its generous support of these important programs that work every day to protect children.”