Hedge Fund and Private Equity Leaders Trade Briefcases for Tool Belts and Build Affordable...

Hedge Fund and Private Equity Leaders Trade Briefcases for Tool Belts and
Build Affordable Homes for Low-Income Habitat-NYC Families
Hedge Fund for Habitat-NYC Volunteer-Builders Also Raise $20,000 for
Affordable Homes

BROOKLYN, N.Y., March 21 /PRNewswire-USNewswire/ -- Hedge Fund and private
equity leaders traded their briefcases for tool belts today to help Habitat
for Humanity - New York City build 41 affordable homes in Brooklyn. They also
raised $20,000 to help fund construction costs.
Part of Hedge Funds for Habitat-NYC, this event brought 30 volunteer-
builders from the hedge fund industry together -- many with no prior
construction experience -- to drywall rooms, saw wood, measure and cut metal
studs and help frame walls. They worked side-by-side with some of the
low-income families who will own these affordable condos.
The build day was sponsored by Damian Handzy, CEO of Investor Analytics.
Handzy and six members of his staff also volunteered for the day doing
construction work.
"It's great to see so many people from the alternative investment industry
coming together to give something back to the city that has been so good to
us," said Stuart Feffer, Chair of Hedge Funds for Habitat-NYC and Co-CEO of
LaCrosse Global Fund Services. "The market has been tough this week, and it's
terrific to get people away from their screens and behind some tools."
"We are grateful to this industry for giving both muscle and money in
support of affordable homes." said Josh Lockwood, Executive Director of
Habitat-NYC. "Supporters of Hedge Funds for Habitat-NYC understand how
important it is to invest in the human capital of our city by ensuring that
all New Yorkers have decent and affordable homes."
Robert Burch, Managing Partner of A.W. Jones, said: "It's a great feeling
to help someone build their home. Investment is such intangible work -- but
this is tangible. At the end of the day, you see what you've accomplished."
Susan DeMaio, Senior Vice President at Pequot Capital Management, had
volunteered in the past with Habitat in Bridgeport, CT, building a single-
family home. She said she jumped at the invitation to join another Habitat
build. "It is inspiring to work with people in the hedge fund industry and
with Habitat-NYC," DeMaio added."
Habitat-NYC's Atlantic Avenue complex is the largest multifamily Habitat
project in the world, an innovative complex of affordable, environmentally-
friendly condo homes.
About Hedge Funds for Habitat-NYC
Hedge Funds for Habitat-NYC is an effort to provide hardworking New York
City families with a once-in-a-lifetime homeownership opportunity through
Habitat for Humanity - New York City.
Championed by Stuart Feffer, Co-CEO of LaCrosse Global Fund Services,
Hedge Funds for Habitat-NYC reaches out to supporters from hedge funds and
private equity firms that recognize that there are hardworking families in New
York City living in unsafe and overcrowded conditions whose life will be
transformed with a Habitat home. The organization raises funds to build
Habitat homes in New York City.
About Habitat for Humanity - New York City
Habitat-NYC transforms lives and our city by uniting all New Yorkers
around the cause of decent, affordable housing. With the help of an average of
10,000 volunteers every year, Habitat-NYC has built more than 180 affordable
homes in the five boroughs of New York City.
CONTACT: Beverly Cheuvront, Habitat for Humanity - New York City, 212-
991-4000 x 344, bcheuvront@habitatnyc.org
SOURCE Habitat for Humanity - New York City

Beverly Cheuvront, Habitat for Humanity - New York City, +1-212-991-4000 ext.
344, bcheuvront@habitatnyc.org