Robin Hood helps Sandy victims


The hedge fund heavy non profit raises more than $12 million for a hurricane relief fund.


 Lee Ainslie (Photo: Bloomberg)

Robin Hood, the New York City nonprofit founded by Paul Tudor Jones and funded by many hedge fund managers, has raised more than $12 million for a relief fund to benefit the victims of Hurricane Sandy.

"We invite you to join Robin Hood in an intense and focused effort to assist those hurt by the destruction caused by Hurricane Sandy," wrote Maverick Capital founder and Robin Hood board chair Lee Ainslie in an appeal to potential donors November 2. "It is often the poorest among us that suffer most from a natural disaster.