Hedge Fund Rocktoberfest, the annual fundraiser for children's charity A Leg To Stand On (ALTSO), will celebrate its 11th anniversary on 22 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.
On 8 October, ALTSO is also holding its third annual Rocktoberfest-Chicago at City Winery at 1200 W Randolph Street in Chicago.
“This year’s events will be particularly special to us at ALTSO,” says hedge fund manager and ALTSO co-founder/chairman C Mead Welles. “The fact that we have been able to transform the lives of more than 12,000 children is an incredible accomplishment that we would not have been able to reach without support from the hedge fund industry, and for that we are extremely grateful.”
Today ALTSO operates 11 programmes in 10 countries throughout Asia, Africa and Latin America. In 2013 alone, the charity treated nearly 2,000 children and has registered over 1,700 for treatment this year.
"I am excited to be performing at both events in New York and Chicago this year," says Ray McKenzie, head of the Rocktoberfest – Chicago committee. "A Leg To Stand On has done amazing work to transform the lives of children all over the world, and I am looking forward to bringing together the Chicago trading industry for our Third Annual Rocktoberfest.”
Rocktoberfest sponsors include Lyxor Asset Management, Drury Capital, Berkshire Hills Bancorp, Credit Suisse, McGladrey, JP Morgan, Intercontinental Exchange, CME Group, BNP Paribas, Globe Tax, Newedge, Sterne Agee, CBOE, ABN Amro, Russell Indexes, and Uplaced.
The net proceeds raised at each event will be allocated to ALTSO's programmes in Asia, Africa and Latin America. Since Welles’ founding in 2002 with Dr. Dinesh Patel, chief of arthroscopic surgery at Massachusetts General Hospital and assistant clinical professor of Orthopedic Surgery at Harvard Medical School, ALTSO has provided treatment to more than 12,000 children in 20 countries.
