100 Women in Hedge Funds raise GBP330,000 for children’s educational charities
More than 250 hedge fund industry leaders gathered together to raise nearly GBP250,000 at the 100 Women in Hedge Funds 2009 London Charity Gala, held on Wednesday evening in the UK Foreign & Commonwealth Office’s Locarno Suite.
All proceeds from the event go to Shine, the UK Support and Help in Education charity which works with young people who are struggling to learn or have disengaged from the educational system.
This follows an event on 29 September attended by 250 guests from the hedge fund industry in Geneva, which raised CHF135,000 for local education charity Association Païdos. The project to be supported works with troubled teenagers with severe social and emotional problems to enable them to re-engage in education and support their return to school or vocational training.
This makes a combined sum of GBP332,000. In the case of Shine it should be sufficient to fund for an entire year two new Shine on Saturday programmes, for which there is a queue of eligible participants. For Païdos, it will be able to more than double the number of children accepted onto its “Getting Back into Learning” classroom project.
Sarah Brown (pictured), wife of the UK Prime Minister and a Shine Patron, said: “Hundreds of young people will benefit from your generosity. For example, children with special educational needs will receive specialised individual tuition to help develop their reading, writing and math skills. For children who are disengaged or simply underachieving, Shine’s Saturday programmes enrich the school curriculum, making learning fresh, new and exciting. Other Shine -funded programmes stretch bright teenagers from low income families, to encourage them to raise their horizons and redouble their efforts.”
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