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Canadian Hedge Fund Industry Rallies in Support of Prevention and Treatment of Child Abuse

Toronto, November 7th 2006

More than 200 hedge fund industry professionals will be wining, dining and mingling at the Sutton Place Hotel’s exclusive Stop 33 top-floor lounge this Thursday November 9 in support of Hedge Funds Care Canada, the country’s only philanthropy exclusively dedicated to the treatment and prevention of child abuse.

Bay Street, Bloor Street and visiting Wall Street hedge fund high-rollers will be partaking in a first-rate gourmet-gala evening of top-tier foods prepared by the award-winning chefs of the Toronto International Film Festival fave Sutton Place, with fine wines graciously donated by Halpern Enterprises, which has been importing and representing fine wines and spirits for over 50 years.

Guests will be invited to cash in on Hedge Funds Care Canada’s second-annual “Diamond Rush” event, where a genuine one-carat custom-designed diamond pendant by jewelers P&H Design worth US$15,000 will be hidden among more than 100 cubic zirconium pendants, with one lucky guest wearing home the real McCoy for a song.

Also driving home the need to fund organizations that focus on the prevention and treatment of child abuse will be Toronto Midtown Saab, which will be auctioning off a brand-new midnight black, fully loaded 2006 Saab Aero Convertible, with all proceeds above reserve going to Hedge Funds Care Canada.

Adding to the elegance of the evening are the gracious efforts of our local and international sponsors, which include: Arrow Hedge Partners, AIMA Canada, BMO Capital Markets, Calyon Financial, CMC Markets, Citco, Credit Suisse, Deloitte & Touche, Ernst & Young, Fulcrum Fund Administration, Goodwood Inc., Hillsdale Investment Management, Mr. John Budzyna, HSBC, MARHedge, Marret Asset Management, Pricewaterhouse Coopers, RBC Capital Markets, Rosseau Asset Management, Scotia Capital Markets, Sprott Asset Management, Salida Capital Management and TD Securities.

Funds raised go in support of Hedge Funds Care Canada, which was established in 2004 as a way for the Canadian hedge fund community to give back to local, frontline organizations that provide prevention services to children and families who are at risk for abuse and/or neglect, and treatment to children who have been victims of abuse.

Hedge Funds Care Canada is part of a larger alliance of hedge fund industry professionals that comprise New York-based Hedge Funds Care, which was established in 1998 by Rob Davis, a dedicated hedge fund professional interested in giving back to protect children from abuse and neglect.

The group, which includes prime brokers, attorneys, accountants, information providers, investors and managers, has raised approximately US$15,000,000 through annual benefits in Toronto, New York, San Francisco, Chicago, Atlanta, Boston, Denver, London and the Cayman Islands, which has been distributed to local, community-based nonprofits focused on providing treatment and support to families in crisis, children who have been abused and/or are in foster care.

Hedge Funds Care is proud to be the only business group solely devoted to combating child abuse, and in eight years has made a powerful contribution to saving children.

Because of the shame associated with child abuse, it remains a dramatically under-resourced and rarely discussed problem.

More information about Hedge Funds Care can be found online at