The tennis community on Wall Street is extremely tight-knit. At 7 a.m. on Saturday mornings, you can probably find Bill Ackman of Pershing Square and other finance folks playing on the Randall's Island courts.
This weekend, the Wall Street tennis community held a fundraiser tournament for the R Baby Foundation—a not-for-profit foundation dedicated to saving babies lives through improving pediatric emergency care.
Some hedge fund managers in attendance included, Bill Ackman (Pershing Square), Marc Lasry (Avenue Capital), Jon Bader (Halcyon) and Bruce Richards (Marathon), just to name a few. There were also a bunch of world-ranked players at the tournament. In the end, a professional poker player and fund manager duo were the winners.
The tournament raised at least $270,000 for R Baby.
A big thank you to photographer Tom Newton, who was kind enough to share some of his photos with us. We've included highlights from the tournament in the slides that follow.
Andrew Rabinowitz, the COO of Marathon, started R Baby with his wife following the passing of their baby girl in 2006.
Andrew Rabinowitz' wife Phyllis with Jared Palmer, the former No. 1 doubles tennis player in the world.
Every year, about 30,000 babies die in the U.S. Most emergency rooms aren't equipped to take care of babies. That's because infants require specialized medical training and equipment. R Baby gives grants all over the country to improve this. Those grants are used to fund training programs, including simulation technology seen below.
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