100 Women in Hedge Funds raises $1.4 million for charity

By Lawrence Delevingne

Thu Nov 15, 2012


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The group held its annual gala last night in New York City honoring Allianz's Marna Whittington and Carlyle's David Rubenstein.


 
David Rubenstein, Marna Whittington and 100 Women in Hedge Fund members at the gala (Photo: 100WHF)

100 Women in Hedge Funds raised $1.4 million for education charity DonorsChoose.org at its annual gala last night in New York City.

The dinner, held at Cipriani 42nd Street, was attended by more than 500 people from the alternative investment industry, according to the group. The event was organized by Susan Mays of Alternative Investment Management--the evening's chair--in addition to Lisa Ambrosia of Bank of America Merrill Lynch, Gianina Arturo of Renaissance Technologies, Martha Dabagian of Goldman Sachs, Vanessa Mortillaro of J.P. Morgan Chase, Ruthanne Roth of Hudson Gate Partners and Lisa Zippelius, formerly of Goldman Sachs.

Also attending were comedians Pete Dominick, who served as the master of ceremonies, and Steven Colbert. The elementary school singing group P.S.22 Chorus performed for the crowd.

As part of the event, the group presented its 2012 U.S. Industry Leadership and 2012 Effecting Change Awards to Marna Whittington, the former CEO of Allianz Global Investors Capital and David Rubenstein, co-founder and co-chief executive of private equity firm The Carlyle Group.

"We are thrilled to honor Dr. Marna Whittington and David Rubenstein. Marna truly exemplifies what it means to be a leader in both her public and personal life and is an inspiration and true role model for the hedge fund community," said Lauren Malafronte, a 100 Women board member in announcing the awards. "David has continuously devoted his time and resources to philanthropic work with leading cultural institutions and universities, as well as provided strong leadership in global economic research and higher education."

100 Women also said it launched a fundraising initiative with DonorsChoose.org to support schools and students located in the New York City area affected by Hurricane Sandy.