Robin Hood Raises $54.5 Million at New York Benefit
- Proceeds help fight New York poverty under charity’s new CEO
- Manhattan event draws Wall Street titans, celebrities
Peter Borish, chief strategist at Quad Capital and founding board member of Robin Hood Foundation, discusses Monday night's benefit that saw the foundation raise millions to fight poverty in New York City. He speaks on 'Bloomberg Daybreak: Americas.' (Corrects figure in headline to millions.) (Source: Bloomberg)
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The Robin Hood Foundation raised $54.5 million at its benefit Monday night, revved up by a new leader and a $15 million challenge grant by billionaire Ken Griffin, founder of hedge fund firm Citadel.
Robin Hood will use the money to fight poverty in New York City under incoming CEO Wes Moore, the U.S. Army veteran, Rhodes Scholar and onetime Citigroup investment banker who starts next month.