The financial world rocked out for a noteworthy cause at A Leg To Stand On’s 10th Annual Hedge Fund Rocktoberfest charity gala Wednesday night.
New York-based Triogem Asset Management partner Tim Seymour and Octagon Asset Management chief C. Mead Welles were among the slew of hedge fund managers and finance professionals who took the stage last week at New York City’s Capitale, located on 130 Bowery, that helped the event raised approximately $400,000.
ALTSO said in a statement released Monday that all proceeds from Rocktoberfest will go toward the organization’s efforts to provide prosthetic limbs and corrective, life-altering surgeries to children with limb disabilities in developing countries. Welles has told eVestment in a previous interview that as little as $25 can help get a child’s limb corrected.
ALTSO, co-founded by Welles, has helped at least 10,000 children with limb disabilities since its inception in 2002.
Rocktoberfest, which expanded to Chicago two years ago, has become an increasingly go-to charity gala for those in the financial industry that the event’s planners were forced to scout a larger location this year to accommodate its growing guest list.
“We had to google ‘the largest venue’ in New York City, and this is what we came up with,” Mead told eVestment of Capitale, a sprawling venue that was originally the Bowery Savings Bank building.
For more information, visit ALTSO's website: www.altso.org.