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Hong Kong hosts closed-door hedge fund fight club
Bankers and traders in Hong Kong competed in the Hedge Fund Fight Nite, an annual event where financial professionals switch office attire for boxing gloves and raise $100,000 for charity, reports FinBuzz.
Despite averaging 60+ hour work weeks, 16 boxers (14 men and two women), trained 3-4 times a week for the last five months at the JAB mixed martial arts studio to prepare for the big night, which took place at the Hong Kong Observation Wheel on September 10.
EY, BNY Mellon, LexisNexis, and several other professionals from hedge fund and asset management firms wrapped their fists in tape, tied up their boxing gloves and threw punches until they defeated their opponents, all in the name of charity.
The black-tie dinner event was filled with spectators seated at tables eager to see familiar financial faces in the boxing ring. A live charity auction was held, and over $100,000 (HK$1 million) was raised for Beam International Foundation, Operation Breakthrough and the Sovereign Art Foundation.
In its eighth year, the event continues to attract experienced boxers as well as complete novices working in the Hong Kong financial scene.
Though the event was by no measure a typical charity ball, it offered guests an exciting and unique night out, and after the 6 rounds of fighting, the boxers were able to mingle and relax.
Danny Scinto – Foreign Exchange Trader at BFAM Partners
Megan Schmalzried – Senior Consultant at EY
Ryan Lawson – Associate Director at Sovereign Trust (Hong Kong) Limited
Franc Liu – Analyst at Cathay Conning Asset Management
Alex Oxford LexisNexis Risk Solutions
Will Jeffries – Vice President at BNY Mellon
Stephen Friel – Marketing Director at Asia Frontier Capital Limited
Andries Blom – Senior Trader at Eclipse Options
Stuart Denton – Chief Operating Officer at VoidBridge Limited
Tanya Menzel- Director Training & Development at Jigsaw
This story first appeared in FizzBuzz.
Photo: melissa jonas