In 1988 the hedge fund industry professionals first established Hedge Funds Care, a charitable organisation focused on assisting young victims of abuse. Since that time, chapters have opened in New York, San Francisco, Dallas, Chicago, Atlanta, Toronto and as of July 2005, the Cayman Islands.
The targeted groups for the organisation include money managers, investors, prime brokers, attorneys, accountants, administrators and information providers.
Hedge Funds Care is committed to providing financial assistance to those local, community-based, non-profit organisations that provide: prevention services including awareness training; treatment; support services; research on best practices; and legal advocacy.
The Cayman Islands Chapter of Hedge Funds Care is soon to be established, thanks to the hard work of the “Committee of Hearts†members.