Funds 4 Food online fundraiser opens

The event hosting private capital meetings takes place until 2 July and will donate proceeds to charities focused on Covid-19 hunger relief

Funds 4 Food, the online fundraising event organised by iConnections, begins today. The event has been designed to facilitate private capital introduction meetings between alternative investment managers and allocators.

All proceeds from event registrations will be donated to charities focused on Covid-19 hunger relief.

Ron Biscardi, founder of iConnections, said the initiative had an immediate positive response from early participants, from large institutional investors, investment managers, global prime brokers, and even renowned economists.

“We are confident that our event will encourage workable investment ideas, as well as solve a hunger problem facing those most impacted by the pandemic,” he said.

Running until 2 July,  Funds 4 Food has been structured as a network that matches allocators to managers for a series of private meetings that will occur via videoconference.

Latest data on the event’s website show that 3,732 meetings have been pledge and $1.6 million raised.

Confirmed allocators include Soros Fund Management, the Hewlett Foundation, the Packard Foundation, University of Pennsylvania, Veritable and Yale University.

The entire spectrum of fund managers will make donations to participate based on their firm size. Investment managers attending include DSM Capital and Capricorn – Sustainable Investors Fund.

Supported charities include World Central Kitchens, Catalyst Kitchen, the Garces Foundation, Food Banks Canada, and Feeding America.

Details of the event and how to participate are available on the Funds 4 Food website.