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.

Upcoming at the Sunrise Day Camp – the only charity in America that provides a camp for kids undergoing cancer treatment – is the Champions for Charity 2011 fundraiser.  On Thursday December 1, from 6 to 9pm, guests will be privy to an evening of entertainment, including cocktails, appetizers, and more.  Lainie Contillo and Cathy Krieger are inviting everyone to join.  Corey Ribotsky has been involved with this important charity and its vital work for many years.

There will be other events seeking to raise money for this charity around the same time.  From December 1^st to 3^rd, various Americana Manhasset & Wheatley Plaza stores around the nation will be participating in Champions for Charity though its annual holiday shopping event.  Anyone who shops at this event using their Champion Card, will have 25 percent of their pre-tax purchases donated to Sunrise Day Camp.  This is another great way to raise vital monies for this hard-working and important charitable organization.

On September 27 from 1.00pm to 2.30pm, an online lecture will take place on leukemia and lymphoma.  Corey Ribotsky has been working with the Leukemia and Lymphoma Society (LLS) – supporting its vital work – for many years.  This conference is just one way of increasing awareness and educating the public in the hope of preventive care.

Topics covered at the lecture will be: myeloma diagnosis and stages; early signs and symptoms of myeloma; treatments available for myeloma and what is currently in the works and should be available in the future; how clinical trials can help in developing treatment for myeloma in the future and lastly, for those individuals suffering from myeloma, their quality of life and how to improve it.

The speaker is Asher A. Chanan-Khan, MD, Chair Of Hematology And Oncology at the Mayo Clinic, Jacksonville, Florida.  This is an LLS-sponsored program which has the support of grants from the Celgene Corporation, Millennium Pharmaceuticals, Inc. and Onyx Pharmaceuticals, Inc.

Corey Ribotsky is involved in various charitable organizations.  One of these is the Onyx and Breezy Foundation, which was set up seven years ago, as a way of paying tribute to the memory of Mark and Wanda Shefts’ two Labrador retrievers.  The foundation seeks to “assist animals in a variety of ways,” and has been successfully doing this since its inception.

Upcoming at the foundation there are a few interesting events.  Next Sunday and Monday for example, is the Bellmore Family Street Festival, which will take place in Bellmore, NY, from 11am ‘til 6pm.  If you can’t make that, check out the Eleventh Hour Rescue Pubtoberfest on September 24^th, which will take place in Rockaway, New Jersey from 11am ‘til 5pm.  The following day the Nyack Septemberfest is scheduled from 10 am ‘til 5pm.

Keep checking back at www.onyxandbreezy.org/upcoming_events.html for more information on how you can be a part of this worthy organization.

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.