Hedge Fund Rocktoberfest, the annual fundraiser for children's charity A Leg To Stand On (ALTSO), will celebrate its 10th anniversary on 23 October at Capitale on 130 Bowery in New York City.
Hedge fund industry professionals will perform rock and roll and acoustic music to raise money for ALTSO, which provides prosthetic limbs and corrective, life-altering surgeries to children with limb disabilities in emerging market countries, and has changed the lives of nearly 10,000 worldwide.
On 3 October, ALTSO is also holding its second annual Rocktoberfest-Chicago at Crossroads at House of Blues at 329 N Dearborn, Chicago.
"I can't believe it has been 10 years since Hedge Fund Rocktoberfest began in New York City, and that the event has grown to two cities," says hedge fund manager and ALTSO co-founder/chairman C Mead Welles (pictured). "I am so grateful for the support from the hedge fund industry in changing the lives of nearly 10,000 children who might not have otherwise had another chance at life.”
ALTSO operates 11 programmes in 10 countries throughout Asia, Africa and Latin America. In 2012 alone, the charity treated more than 1,400 children and has registered over 1,700 for treatment this year.
"I want to thank the New York City hedge fund industry for their generous contributions and time the last decade working towards ALTSO's goal of transforming the lives of almost 10,000 children," says André Donatiu of Lyxor Asset Management, a historic sponsor of the event. "A Leg To Stand On has come a long way in 10 years but there is still more work to be done to empower disabled children in developing countries. Our firm is proud to sponsor a great cause.”
"I am excited to unite Chicago's futures industry for the second annual Rocktoberfest," says Ray McKenzie, head of the Rocktoberfest – Chicago committee and vice president, head of sales of IntercontinentalExchange (ICE), a sponsor of both the New York City and Chicago events. "I am thankful for the support from the Midwest financial services industry professionals for ALTSO and its ongoing goal of changing the lives of children in developed countries.”
Sponsors include Yahoo! Finance, CME Group, HedgeMark International, Credit Suisse, ICE, Infineon Capital Management, JP Morgan, Lyxor Asset Management, X-Change Financial Access (XFA), Chicago Board Options Exchange (CBOE), Drury Capital, Russell Indexes, Cheiron Trading, Eurex, Virtu Financial, amongst others.
100 per cent of the net proceeds raised will be allocated to ALTSO's global programmes in Asia, Africa and Latin America. Welles, managing partner of Infineon Capital Management, founded ALTSO along with Dr. Dinesh Patel, chief of arthroscopic surgery at Massachusetts General Hospital and assistant clinical professor of orthopaedic surgery at Harvard Medical School, in 2002.