Leveraged Finance Industry Raises $1.75 Million at Sixth Annual Melanoma Benefit

Source: Business Wire, May 2017

NEW YORK–(BUSINESS WIRE)–Over 1,000 professionals from the leveraged finance community gathered yesterday for the sixth annual Leveraged Finance Fights Melanoma (LFFM) benefit and cocktail party raising a record $1.75 million in funds for the Melanoma Research Alliance (MRA), the largest private funder of melanoma research.

The annual event raises critical funds for melanoma research and awareness on skin cancer prevention. Founded in 2011 by Jeffrey Rowbottom of PSP Investments and Brendan Dillon of UBS—both of whom combated melanoma— LFFM events have previously raised more than $6.8 million to support MRA’s global research programs. While the Melanoma Research Alliance awards $8-10 million each year, the LFFM raises 15- 20% of that year’s funding alone, proving to be an invaluable source of revenue for research.

“This event plays a critical role, not only to raise money that truly impacts the oncology field, but also to educate people on a disease that in most cases is preventable,” says LFFM Co-Chair, Jeffrey Rowbottom.

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