EMCB - New York December 6 2012

Emerging Markets Benefit in NYC Raises over $500,000

The EM industry’s annual charity ball raised over $500,000 for health and education projects in emerging countries at its December 6, 2012 cocktail event.  The Benefit, which brought together 500 EM market participants, was held at the Marriott Marquis Hotel in midtown Manhattan, and immediately followed the EMTA Annual Meeting.

For the eighth consecutive year, MarketAxess sponsored the Benefit with proceeds from its annual Charity Trading Day.  MarketAxess’ Annual Charity Trading Day has raised over $500,000 for the annual New York and London Charity Balls since its inception in 2004.

In addition, the Seed Capital Foundation provided a $35,000 matching grant for all donations made on the night and for an additional period following the event.

The Planning Committee selected seven beneficiaries for the evening, and at press time, funds were being disbursed to:

• Children of Peru Foundation, which makes grants to selected not-for-profit organizations to provide better healthcare and education for disadvantaged children in Peru www.childrenofperu.org;
• Containers 2 Clinics, which provides containerized maternal and child health clinics in Haiti and Namibia to provide long-term, sustainable health service www.containers2clinics.org;
• NESST, which provides financial and capacity-building support to social enterprises in Central Europe and Latin America www.nesst.org;
• Orphaned Starfish Foundation, which works with orphans and disadvantaged children throughout Latin America and Ethiopia www.orphanedstarfish.com
• Shared Interest, which mobilizes resources for South Africa’s economically disenfranchised communities to sustain themselves www.sharedinterest.org.
• Sri Lanka Care Foundation, which rebuilds and restores homes lost and damaged by the Asian Tsunami www.srilankacare.org and
• WorldFund, which promotes education in Latin America www.worldfund.org.

The event included a silent auction of holiday stays in El Salvador, Uruguay and Argentina, as well as tickets to sporting events, opera  and Broadway shows, fine wine, designer clothing and gym memberships, among other prizes.

Members of the EM community also contributed to the evening’s fundraising by participating in a raffle.  Prizes included a week in Playa del Carmen, Mexico, fine wine, Dom Perignon champagne and dinner at Bobo restaurant.

The Planning Committee welcomes new members, and is open to all members of the EM debt trading community.  Please contact Jonathan Murno of EMTA at jmurno@emta.org for more information on joining the committee as it begins work on the 2013 event.