Hedge Funds Care, an international charity set up by the alternative investment industry to tackle child abuse, has a new president. Dean Backer, global head of sales and capital introduction in Goldman Sach’s securities arm, takes over from John Budzyna.

The New York-based organisation has distributed around $30 million in grants since it was first established, mainly to small community organisations in the United States, Canada, Cayman Islands and the UK.

“I am honored to be the president of an organisation that prevents and treats child abuse,” said Backer in a statement.

I am a parent. And as a parent I cannot imagine an issue more important to address than the abuse of children.

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