Wall Street Heavyweights Play $50,000 Charity Poker Tournament Tuesday NightEvent Featured The Likes Of David Einhorn, Bill Perkins And Erik Seidel |
|
On Tuesday night the fourth annual “Take ’Em To School Poker Tournament” was held in New York City. Some of the biggest names on Wall Street, in addition to some poker pros, were in attendance.
The event featured a $50,000 buy-in, and it raised more than $300,000. All players were competing to benefit the nonprofit group Education Reform Now, which deals with the performance of public schools.
The winner was Paul Britton, CEO of Capstone Holdings Group LLC.
“I was lucky, very lucky,” Britton told Bloomberg. “I only play poker one night a year — and it’s this tournament.”
Poker pros Erik Seidel and Andy Frankenberger competed. Frankenberger was reportedly knocked out by Jonathan Cohen, a vice president at HSBC.
Also playing were David Einhorn of Greenlight Capital and Bill Perkins of Skylar Capital. Both are serious poker players, each making final tables in the “One Drop” tournament at the summer World Series of Poker.
According to Bloomberg, the final table included Ray Waterhouse (Magnitude Capital LLC), John Sabat (SAC Capital Advisors LP), David Marquart (First New York Securities LLC), Raza Mujtaba, (Tricadia Capital Management LLC) and Oleg Nodelman (EcoR1 Capital LLC).
“In terms of thinking about the risk-reward, we try to find opportunities that have inherently less risk,” Nodelman told Bloomberg. “It’s the same in poker.”
Copyright © 2001-2024
CardPlayer.com. All rights reserved.
