Corey Ribotsky Info

For those in the hedge fund industry like Corey Ribotsky, the LSE Alternative Investments Conference was the right venue to learn more this week. Conducted by the LSE SU Alternative Investments Society, the full day conference on January 23rd included a line-up to rival any. Keynotes were given by Gillian Tett, Peter Clarke and Randall Dillard. In the afternoon, four top global macro managers judged the LSE AIC Best Trade Idea Segment.

January 24th was then the Private Equity Day and focused on global macroeconomic environment issues with the keynote by Glenn Hutchins. The day was filled with discussions from Lord Stanley Fink, David Novak, Vindi Banga, High Langmuir and others. In the afternoon, they showcased two interactive segments. One, entitled “Behind the Blue” included Willy Burkhardt.

Sometimes, all it takes is one person and an idea. In early 1988, Bruce Cleland of Towson, Maryland gathered friends together to train for the New York City marathon – and to do so while raising funds for blood cancer research. His daughter, who was five at the time, was battling leukemia. Cleland and his friends ended up donating $320,000 that year to the Leukemia & Lymphoma Society, where so many donors, like Corey Ribotsky, help to make a difference.

And with ihs efforts, the Team In Training program was born. LLS asked Cleland to replicate the idea that he had in 1988 in other locations, and he slowly created the Team In Training model.

Now, Georgia Cleland, that little girl who was given a 55% chance of survival, just finished her first half-marathon with Team In Training. And, thanks to her father’s idea, the Team In Training program has reached over half a million people who have trained in the last 23 years and has raised more than $1.2 billion in research.

A recent article with Reuters is certainly worth paying attention to for hedge fund managers like Corey Ribotsky. Natixis Global Asset Management, in a recent poll of 800 people in the UK, found that 80% of people believe that taking on extra risk is not a good idea now.

Many believe, instead, placed stability as their number one priority. Many financial leaders, however, worry that people will squander away potential opportunities.

As John Hailer, president and CEO of Natixis Global Asset Management in the U.S. and Asia explained, “The pendulum may have swung too far in terms of risk aversion, causing individual investors to shun investment options that are designed to grow portfolios while minimising risk in volatile environments.”

Ali Akay, a former trader with Steven Cohen’s SAC Capital Advisors, is now launching a hedge fund for emerging-markets which may be worthwhile for hedge fund leaders like Corey Ribotsky to keep their eyes on. He has raised $200 million to do so. The fund expects to soft close at about $500 million in early 2012, according to a source close to the situation.

Prior to starting Carrhae, Akay worked at SAC, which is a $14 billion Stamford, Connecticut-based hedge fund that was founded by billionaire Steven Cohen. Learn more about this venture.

Here is a video from the Onyx and Breezy Foundation, where Corey Ribotsky is a Foundation Member. They work to help animals in need across the United States and invest their time and energy in many charitable projects.

Get ready for this month’s important awareness month for leukemia and lymphoma.  September is the annual month marking leukemia, lymphoma and myeloma awareness.  There have been significant strides in the treatment of patients with blood cancers in the last few years.  Much of this work has been supported by the Leukemia & Lymphoma Society (LLS) where Corey Ribotsky volunteers.  The organization was founded in 1949.

According to survivor Nikki Henshaw, the work of the LLS is only to be commended. She stated quite clearly, “I have personally seen the progress in cure rates and treatments from when I experienced leukemia in 1994.These changes have dramatically improved the quality of life for those who are battling cancer.”

Indeed, the statistics speak for themselves.  In the last four decades, there has been an 87 percent increase in the survival rate of children who contract acute lymphocytic leukemia, from 3 percent to 90 percent.  As well, since the 1960s, there has been a doubling in the survival rate of Hodgkin lymphoma patient survival.

Still there is much work to be done and the LLS requires substantial finances and volunteers to keep up with its good work.

As summer comes to a close, it’s time to look ahead to some important fall events.  The Onyx and Breezy Foundation, where Corey Ribotsky is an Associate, is having its 7^th Annual Black Tie Gala on October 15^th.  This lovely evening will include dinner, dancing, a silent auction and entertainment.

Participants can meet Emmy and Tony Award Winner Ken Howard and actor Giles Marini, both of whom are now board members.  Those present will enjoy the music by Total Soul, a 13 piece party band that will play everything from Motown to R&B.

In addition, there will be a special performance by the comedian Robert Klein. The night is lining up to be a very special event, and one that supporters of the Onyx and Breezy Foundation won’t want to miss.

This year, the Leukemia & Lymphoma Society’s (LLS) 2011 Man & Woman of the Year campaign raised more money that it ever has in the 21 year history of the program.  The campaign offers people the title of 2011 Man of the Year and 2011 Woman of the Year for the people who raise the most money in a ten week time period for the LLS.  Certainly, fundraisers of this sort and donors like Corey Ribotsky enable the LLS to continue their important cancer research work.

This year’s campaign raised $14.5 million, which is $2.7 million more than the high reached last year.  650 candidates competed to raise the most money. The winners were New York City classic rock DJ Ian O’Malley and Kelley LaFontaine of LaFontaine Automotive Group in Highland, Michigan.

At the Children’s Medical Fund of New York of which Corey Ribotsky is the president, there are many extremely talented and experienced volunteers and workers.  The Physicians’ Advisory Council at the CMF has a whole slew of expert physicians spanning a wide range of pediatric care.  Council members are working together with others at the CMF in an effort to “spread awareness and broaden its resources.”  As well, advice is given on how to allocate assets to make sure there is a response and treatment to children’s most urgent medical needs.

These members are:  Jordan S. Gitlin, MD, Richard Glick, MD, Peter Silver MD and Mark A. Mittler MD.  The latter’s role in the Steven and Alexandra Cohen Children’s Medical Center of NY is co-chief of the Division of Pediatric Neurosurgery.  As well, Mittler is Assistant Professor of Neurological Surgery at New York University College of Medicine.

The Children’s Medical Fund of New York has many different ways for people to get involved.  CMF, where Corey Ribotsky is the president, has both a Men’s and a Women’s Division. The Women’s Division works throughout the year to raise money to help children in medical need.

Women who are part of this organization participate in a few major events each year including the Ladies Night Out and the Lester’s Kids’ Fashion Show.  They also have local affiliate chapters that bring neighborhoods together.

Becoming a Women’s Division member requires a donation of $2500 which is payable over the five years of the membership.  Benefits with this membership include a special rate ticket to CMF events, an Angel Wall plaque upgrade, and more.