Hedge Fund Rocktoberfest

Filed in archive Hedgetalk on October 18, 2007

According to a Bloomberg article, more than 25 hedge-fund bands asked to play at the fourth annual ``Rocktoberfest.'' Seven bands and a dozen acoustic performers were finally chosen to perform at the event, which hopes to raise $350,000 for the nonprofit group A Leg to Stand On.

Since 2002, A Leg to Stand On has helped 1,000 children in India, Colombia and Haiti by paying for surgery and providing prostheses to correct foot deformities.

Also in the news, the Portland City Council appointed 2 new members to the Portland Children's Investment Fund Allocation Committee.

The Children's Investment Hedge Fund annually allocates about $10 million to programs throughout Portland in areas of early childhood, after school and mentoring and child abuse prevention and intervention. A five-member Allocation Committee meets publicly to make funding decisions for the Fund.