July 18 (Bloomberg) -- David Rogers, chief executive officer of JD Capital Management LLC, won the Reach Take ’Em to School Poker Tournament early this morning. Greenlight Capital Inc. analyst David Tepperman was declared runner-up.
“At the final table I came in with the second-lowest chip stack,” Rogers, former head of trading for the equities division at Goldman Sachs Group Inc., said. “I did have a couple of lucky hands.”
Rogers, who selected a seat at the World Series of Poker 2013 for his prize, said he won with a pair of fives to his opponent’s king and ten.
Tepperman outlasted his boss, Greenlight CEO David Einhorn, on his way to claiming a five-night stay at a house on Lamu, an island off the Kenyan coast.
“My boss is good at poker, so I got rolling with it,” Tepperman said.
Adam Oestreich, who runs the opportunity desk at Merrill Lynch, placed third; he chose a two-night stay at Caesars Atlantic City. Oestreich said he was invited to the event by a client, Pershing Square Capital Management LP.
The tournament, held this year at Gotham Hall, an event space in Manhattan, raises funds to prepare high-school students for Advanced Placement exams. Last year nearly 3,000 students attended training workshops, Reach Executive Director Kathrine Mott said.
Michael Sabat, an equity derivatives sales trader at Sanford C. Bernstein & Co., was chairman of the tournament. He said in high school he took advanced-placement exams in calculus, Spanish, English and history.
Among those in attendance at the event: Whitney Tilson, founder and managing partner, T2 Partners LLC, who was just back from a trip to Italy and Berlin; and Jacques Garibaldi, managing partner, London Park Investments LLC, who said he is going on a vacation to Slovakia to visit his in-laws.
The tournament began with 24 tables, which were sold out three weeks prior to the event, Sabat said. Tables cost $10,000 and came with 10 seats to play, while individual seats cost $1,000; both included cocktails and buffet dinner.
Prizes went to the top 10 players. Jason Mudrick, president and chief investment officer of Mudrick Capital Management LP, placed 10th; he won the tournament in 2010 (taking home a stay in Kenya, which he still hasn’t used), and placed 14th in 2011. Oleg Nodelman, a portfolio manager at BVF Partners LP, Seth Lax, a senior vice president at Contrarian Capital Management LLC, and Phillip Hawkins, a trader at Bank of America, also made it to the final table.
Among the few women players were Julia Humphries, a trading assistant in fixed income at Capstone Investment Advisors, Rebecca MacDonell, who works at Highstar Capital LP, and Olivia Chung, a lawyer at Akin Gump Strauss Hauer & Feld LLP. Karina Kabbash, a hedge-fund intern and New York University student majoring in economics and Mandarin, stuck to the blackjack table.
Bottles of water labeled The Merger Fund were provided by that mutual-fund company, and the goody bag included New York Knicks T-shirts donated by Madison Square Garden Co.
Shayla Williams, one of female masseuses who attended to the shoulders of players, said, “It’s pretty awkward. I’m used to working with oils.”
Karen Bjornson, one of the models featured in the HBO documentary “About Face: The Supermodels, Then and Now,” did not go to college. That didn’t hold back her daughters.
Maggie Macdonald, 26, is a Harvard College graduate who just passed the New York bar and is practicing environmental law. She wrote one of her college application essays about her mother’s career choices.
“She was a mom, she wasn’t a glamour puss,” said Macdonald at a reception and screening of “About Face” last night. “We had the best school lunches -- they were so good you wouldn’t want to trade.”
It would have been nice to have a turkey-and-avocado sandwich prepared by Bjornson right about then; instead a table offered little cups each filled with one carrot, one tomato and one stalk of broccoli.
Carol Alt, the model who plays Alec Baldwin’s wife in Woody Allen’s latest film, “To Rome With Love,” suggested a vegetable dish requiring a little more effort.
“With a blender, take tomatoes, corn, olive oil and garlic and mix,” she said. “The staff of ’Good Morning America’ loved it.” That recipe is in her new book, “Easy Sexy Raw.”
Alt also said that she’s reading a book on self-dentistry.
Those gathered at the HBO event at the Paley Center for Media included Andrew Perlman, the CEO of Vringo Inc., and Anne Pasternak, the president and artistic director of Creative Time.
“About Face” by Timothy Greenfield-Sanders has its premiere on July 30 on HBO.
(Amanda Gordon is a writer and photographer for Muse, the arts and leisure section of Bloomberg News. Any opinions expressed are her own.)
Muse highlights include Jorg von Uthmann on Paris art and James Pressley on books.
To contact the reporter on this story: Amanda Gordon in New York at firstname.lastname@example.org
To contact the editor responsible for this story: Manuela Hoelterhoff at email@example.com