Fund Alliance Raises Over $100,000 for Achieve Now

From left: Bruce G. Leto, Partner and Investment Management Group Co-Chair, Stradley Ronon; Shawn Kairschner, Executive Director, Achieve Now; Sean Graber, Partner, Morgan Lewis; and John Alshefski, Senior Vice President and Managing Director, SEI Investments Company.

More than 200 Philadelphia-area asset management professionals gathered on Nov. 7 at The Logan Philadelphia to raise money for Achieve Now and to celebrate Philadelphia’s deep roots and influence in national financial markets and services, including traditional mutual funds and alternative asset vehicles. Nobel laureate financial economist and professor Myron Scholes was the event’s keynote speaker.

The event raised more than $100,000 for the Achieve Now, a nonprofit dedicated to transforming the educational system in Philadelphia to one that produces students who can read.

Formed in 2016, PFA was created to hold an annual fundraiser to benefit a charity in the greater Philadelphia area and to highlight the region’s impact on the registered funds, asset management and alternatives space. Last year’s PFA gala raised more than $80,000 for the Take A Breather Foundation, a nonprofit organization that fulfills wishes for those children and adults living with cystic fibrosis (CF).

Sponsors for 2019 included Aberdeen Standard InvestmentsACA Compliance GroupBBDBroadridge Financial Solutions, Inc.Bryn Mawr Trust Wealth ManagementDeloitteDLA PiperDrinker BiddleEYFS InvestmentsGlenmede Investment Management LPKPMGMacquarie Investment ManagementMorgan LewisPepper HamiltonPwCSEI Investments CompanyStradley Ronon and Tait Weller. The event’s printing sponsor was Toppan Merrill, the floral sponsor was Kremp Florist and the music sponsor was University of the Arts.

Featured Charity

Achieve Now

Achieve Now is dedicated to transforming the educational system in Philadelphia to one that produces students who can read. We will do this by incorporating evidence-based literacy instruction into Philadelphia schools, resulting in dramatic improvements in grade level reading. Once we have significantly improved literacy rates in Philadelphia, we will take our proven methods to other communities to increase literacy rates for even more American schoolchildren.