The-Rizk-Ventures-Holiday-Party-Feature

A Reflection On 2016 and The Rizk Ventures Holiday Party

Linda RizkEvery year around the holidays we like to take a moment to thank the hardworking members of the Rizk Ventures family and update everyone on our company achievements for the year. It’s been a very busy 2016 for us at Rizk Ventures, during which we continued to expand our portfolio and grow the preexisting ventures we’ve been involved with since our founding in 2013.

To start, Workspace Property Trust (WPT) added over 100+ new commercial real estate properties across the Phoenix, South Florida, Tampa, and Minnesota markets worth nearly $1 billion. The full WPT portfolio is now comprised of over 10 million square feet of leasable office and flex space, valued at well over $1 billion.

We’re happy to report this was not the only substantial acquisition made during 2016, as Rizk Ventures Colombia completed the execution of a healthcare real estate sale-leaseback transaction with an affiliate of The Goldman Sachs Group, Inc. (GS). The transaction was for the real estate of the hospital known as Hospital Universitario Clinica San Rafael (HUCSR) in Bogota, which was purchased from the Orden Hospitalaria de San Juan de Dios (OHSJD). Furthermore, during 2016, the initial healthcare real estate transaction completed by Rizk Ventures and GS was voted one of the top 12 major Colombian business moves for 2015/2016 by El Tiempo, Colombia’s most important newspaper. This initial transaction was for the real estate of a hospital group known as Fundación Cardiovascular de Colombia. The transaction was completed in December of 2015.

In addition to these 2016 achievements, Counter Human Trafficking Compliance Solutions (CHTCS) had an exciting year. CHTCS developed a soon to be released Global Rizk Assessment tool aimed at helping corporations better understand business risks associated with various locations around the world.On top that and our client based services, we worked and engaged with the greater counter-human trafficking movement by participating in United Nations’ events on modern slavery, visiting and assessing migrant refugee camps throughout Europe such as the Calais Jungle, publishing the first four issues of our informative quarterly human trafficking journal, and speaking on the issue with various media outlets and in the publications Compliance Week and Supply & Demand Chain Executive, in whichour own James Wiley was quoted in the feature story, saying “Companies might say corporate social responsibility costs too much money, but it will save a company money in the long run.”

The Classroom24-7 Team had a fantastic 2016, highlighted by the joint initiatives with RV Healthcare Analytics (RHVA). Together, the two companies provided a more robust suite of technologies to drive greater adoption of healthcare performance improvement initiatives, lean healthcare practices, and healthcare workforce training for all hospital employees. In addition, RVHA and Classroom24-7 built upon their relationship with Florida Gateway College and continued development of our Pharmacy Technician Training Program. We also signed new partnerships with other University partners including Cleveland Marshall School of Law where we will focus on our eDiscovery program for practicing attorneys. The team continues to support our existing clients in the healthcare and corporate training markets.

This year Rizk Pictures, the newest addition to the Rizk family office, was founded by Alexandra Rizk Keane. Rizk Pictures got off to a quick start, signing on to help produce the film Literally, Right Before Aaron, expected to be released in 2017.

On December 16th, we invited our friends, families, and colleagues to join us for our annual Rizk Ventures Holiday Party and celebration to close out 2016. Held in the Terrace of the Gramercy Park Hotel overlookingNew York City, the party began with a cocktail hour but soon progressed into a night of dancing and fun, thanks to Coco the DJ and amazing performances by our two musical guests. Food and drink were offered throughout the night, as servers offered a variety of hors d’oeuvres to complement a barbeque station and other buffet-style food options offered to the guests.

The musical guests for the night were Tony Award Winning Singer Dan’yelle Williamson and Grammy Award Winning Artist and human rights ambassador, Wyclef Jean. Dan’yelle Williamson kicked off the entertainment with her rendition of some of our favorite holiday classics before introducing myself and the rest of the Rizk Family to take a moment to recognize our wonderful friends and colleagues we are incredibly grateful to know and work alongside. We highlighted Rizk Ventures’ past year’s work and achievements. The party heated up withDan’yelle joining Wyclef to perform some classic Christmas duets as well as The Fugee’s hit song “Killing Me Softly.” Wyclef then took the stage by himself to perform and MC, playing a wide range of his hit songs from over the past 20 years and doing what he does best, entertain! Wyclef was even gracious enough to record a rap for our friends and family of the Navy currently on submarine deployment.

It has been a truly remarkable year for Rizk Ventures and we would like to extend our best wishes and thanks to everyone whom without, it would not be possible. Although the holidays will be used to spend time with family and reflect on the year, we’ve got even bigger plans for next year and are excited to hit the ground running in 2017! Happy Holidays and Happy New Year! As always we honor and thank all the men and women, including our own Rizk Venturesfamily, that serve our nation.

Best,

Linda Rizk

Alex, Caki, Leelila, Bridget, and Kastrid

Alex, Caki, Leelila, Bridget, and Kastrid

Alex, Geoff, and Jenna

Alex, Geoff, and Jenna

Ben Skinner and Melanie Berliet

Ben Skinner and Melanie Berliet

Charlie Dawson, Bob Masci, and Company

Charlie Dawson, Bob Masci, and Company

Jack Lyden and Company

Jack Lyden and Company

Joe and Janet Harvey, Jeff and Judy Shurbert

Joe and Janet Harvey, Jeff and Judy Shurbert

Keri Chambers, Jeff Ganz, and the Palmers

Keri Chambers, Jeff Ganz, and the Palmers

Linda and Alex Rizk, Leelila Liang

Linda and Alex Rizk, Leelila Liang

Matt and Astrid Womble

Matt and Astrid Womble

Rizk Family

Rizk Family

Tom and Lucy Birmingham

Tom and Lucy Birmingham

Tom Rizk and Linda Rizk

Tom Rizk and Linda Rizk

Tom Rizk

Tom Rizk

Vin Scoca, Toby, Liliann, and Peter Paras

Vin Scoca, Toby, Liliann, and Peter Paras

Workspace Property Trust and Tara

Workspace Property Trust and Tara

Wyclef Jean and Dan’yelle Williamson

Wyclef Jean and Dan’yelle Williamson

The Accidental Slave Owner: Compliance Week Interviews Rizk Compliance

I have 65 slaves working for me. I am not proud of this.

To be fair, I didn’t go out looking to gather more than five dozen slaves to support myself and my family, but living in the more affluent side of Western society, I got my slaves like most everybody else: without even trying.

I live in New Jersey, United States, with my wife and two children (my daughter is 16, and my son is 13). Most of the time, we are vegans, mainly for health reasons. (I know it is an annoying thing to just tell people how you eat, but when it comes to determining your slavery footprint, it matters, especially if you consume seafood.)

We don’t buy a lot of jewelry because my daughter has a nickel allergy, but also because we are aware of how environmentally harmful gold mining can be and how tainted the diamond industry is. What jewelry we do buy are either estate pieces (already manufactured) or pieces not typically associated with forced labor (like the ring my wife bought me that was carved from a single iron meteorite).

We own a fair bit of clothing, but we try to pay attention to where they are manufactured; we stay away from textiles manufactured in Bangladesh, as well as brands that are reported to source their products from areas with lots of forced labor. This is something we’ve tried to educate our daughter on, especially, because if that kid likes to do anything, it’s shop for clothes.

We own a lot of electronics, but most of them are from Apple or Samsung, companies that receive top marks for sustainability and ethical practices. Still, stories of suicides at an Apple factory in China are hard to shake off. We don’t own a lot of athletic gear, mainly because our activities of choice are running and martial arts, which don’t require a lot of stuff.

I mention all of this because as far as Western consumers go, I’d like to think we aren’t too lavish, and don’t buy things without considering what it took to make them. And yet, when I entered all of this information into a web survey from www.slaveryfootprint.org, there was my estimated employment of slave labor: 65 people. Somehow, there were 65 people in either forced or bonded labor conditions making the things my family buys just to go about our daily lives. To say this causes a knot in my stomach is a bit of an understatement, so one can appreciate how much this weighs upon most compliance officers who strive to make sure their third-party partners and their supply chain is as free from forced labor as possible.

Modern slavery is a massive problem that exists around the world. According to the Global Slavery Index, there are currently some 45.8 million people enslaved across 167 countries. More than half of people living in slavery do so in just five countries: India, China, Pakistan, Bangladesh, and Uzbekistan. Most modern slaves are also the victims of human trafficking. Nearly one in three modern slaves is a child.  Over half are female. Slavery is illegal nearly everywhere, and yet, it persists, and is used to help produce nearly 200 different commercial goods worldwide. Some industries, such as shrimp fishing, are deeply involved with using forced labor. It is a problem that is everywhere.

Over the summer, I spoke with John Clark, James Wiley, and Jessica Vincent of Rizk Compliance, a consulting firm that advises companies on dealing with forced labor within supply chains. John, James, and Jessica have backgrounds in the military and law enforcement, with experience in special operations, intelligence, border security, and nation building. They are also deeply involved in anti-human trafficking and they bring a special kind of perspective to the matter of fighting forced labor. These people are true believers in what they are doing; their work will bring them neither great fame nor fortune, but they have seen things in their previous work that they cannot unsee and, with eyes wide open, have dedicated themselves to fighting human trafficking in a way that brings about meaningful, impactful change.

When I spoke with them, they noted how pernicious the problem of human trafficking and forced labor can be. It takes place, hidden in plain sight in the United States and the United Kingdom, especially in industries that require lots of low-paying labor. By way of example, they noted that more than 150 displaced civilians enter the U.K. labor market each day, mainly by way of Calais, and it’s a problem that simply has no easy solution. Part of it is simply better security, but perhaps the larger part of it is addressing the conditions that drive those people to seek work in the United Kingdom in the first place.

John, James, and Jessica have spent a lot of time in the developing world, helping manufacturers review the operations where they source inventory or initially fabricate goods. And that is where they do some of their most interesting work. It is one thing to point out bad conditions at a workplace and advise a client to take their business elsewhere, they note, but that can actually make the core problem worse. In some areas, for example, where a mine is employing forced labor, as bad as that mine may be, it might actually be the best option for its workers to escape even worse conditions in areas riven with civil warfare or extreme lawlessness. This does not excuse the forced labor, but it does provide the companies doing business with this hypothetical mine to help the mine address its bad behavior and address the issue at its root. This needs companies willing to put in some extra time and effort to actually fixing the problem of slavery and human trafficking, rather than moving to avoid it altogether. It is a more difficult, but more meaningful solution.

In the context of the U.K.’s Modern Slavery Act, approaches like this matter. As companies conduct deeper compliance efforts to identify places in their supply chain that might employ forced labor, what to do when that forced labor is detected is key. So far, the Modern Slavery Act doesn’t require companies to try to eradicate slavery; just to not benefit from it. And while that’s laudable … as long as companies can simply turn the other way, forced labor will still seep into supply chains, even of those companies that genuinely do not wish to make use of it. After all, a perfectly clean supply chain is easier said than done. Take it from the fellow with 65 slaves working for his family.

Source: Compliance Week

Operation Game On announces launch of new combat wounded women veterans golf programs exclusively for women wounded veterans

Rancho Santa Fe, CA –Operation Game On, a 501(c) (3) non-profit organization, will be adding a new program exclusively for Wounded Women Veterans called Combat Wounded Women Veterans Golf. “The first class is scheduled to launch on September 6, 2016 at The Del Mar Golf Center”, announces Tony Perez, Founder of Operation Game On.

The Women Veterans will receive eight weeks of free golf lessons by PGA Certified Instructors, a custom fitting session at Taylor Made’sThe Kingdom, a full set of golf clubs, golf bags, Adidas golf shoes and apparel. Then return for another eight weeks for more advanced lessons. This program may be the first of its kind exclusively for Wounded Women Veterans and will start with eight Veterans.

Mission: To provide golf as a form of rehabilitation for returning combat injured troops, both active military and Veterans, suffering from severe physical and mental disabilities sustained during OIF/OEF.

Background on Operation Game On (OGO): OGO was launched in 2008 to use golf as avehicle to help combat injured veterans, mostly in the San Diego area, rehabilitate both mentally and physically and start enjoying life again. Since launch, OGO has helped over 400 active military and Veterans, several of whom have credited OGO for preventing them from committing suicide.

Tony Perez is the Founder/President of OGO, a Vietnam War Veteran. Tony’s track record demonstrates his unwavering commitment to maximizing the benefit of each dollar raised to help combat injured men and women Veterans.

Outcome: OGO has proven that combat injured troops have regained the confidence for an active lifestyle and has also created a social environment amongst the troops with new found friendships. Golf has proven to be an effective form of rehabilitation. It’s good for the mind andthe body and it allows combat injured troops to compete, laugh, relax, focus, and challenge their muscles outside of regular PT. It gives them hope of a clearer future after their tragic injuries and experiences of war.

Source: Operation Game On

The alliance between Rizk Ventures and Goldman Sachs for business in Colombia is still active (Spanish)

La alianza entre Rizk Ventures y Goldman Sachs para negociosen Colombia sigue active
Ambas compañías anunciaron una nueva transacción inmobiliaria de compra y arrendamiento financiero al Hospital Universitario San Rafael en Bogotá.

El interés por el sector inmobiliario y de salud en Colombia continúa siendo evidente por parte de Rizk Ventures Colombia (“RVC”), quienes confirmaron la transacción en conjunto con un afiliado del Grupo Goldman Sachs Inc. (“GS”) para comprar el Hospital Universitario Clínica San Rafael en Bogotá.

La afiliada de Rizk Ventures, anunció la transacción inmobiliaria de compra y arrendamiento financiero en el sector salud de Colombia, luego de negociar con la Orden Hospitalaria de San Juan de Dios.

Fundado en 1929, el Hospital cuenta con 387 camas y provee servicios especializados de salud, enseñanza e investigación a la comunidad. Ahora, con el cierre de esta transacción, la compañía National Clinics firmó un acuerdo de colaboración institucional con el San Rafael.

Luego de su primera transacción en el país en enero de 2016, Rizk Ventures Colombia y Goldman Sachs establecieron una alianza estratégica para invertir en transacciones de venta y arrendamiento financiero de inmuebles en el sector salud colombiano, puesto que el país “cuenta con una economía fuerte y en crecimiento, además de un entorno atractivo para las empresas”, tal y como comentó Klaus Lederer, Socio Director de Rizk Ventures.

Por su parte, Carlos Florez, Director Financiero de National Clinics, aseguró que “el apoyo de RV y GS permitirá dedicar más recursos al plan de desarrollo que incluye la adición de 350 camas a nuestras instalaciones existentes en Bogotá y Pereira.”

Con este nuevo negocio, la firma estadounidense Rizk Ventures demuestra su interés por involucrarse en el mercado colombiano y dejó ver que estas inversiones irán escalando en la medida de lo posible. La primera transacción de Rizk Ventures Colombia y Goldman Sachs se dio en enero de este año con la adquisición del Instituto del Corazón Floridablanca (IFC), situado en Bucaramanga y que fue negociado con la Fundación Cardiovascular.

Source: Bolsamania

Congratulations to FCV on opening of new Hospital Internacional de Colombia

Rizk Ventures wants to congratulate Fundación Cardiovascular de Colombia on the opening of the new Hospital Internacional de Colombia.

Rizk Ventures voted Top 12 Major Colombian Business Moves in 2016 by El Tiempo

Despite the lower dynamics of the economy in 2016 they have also presented opportunities for business acquisitions in companies from different sectors. The largest have been selling ISAGEN 84% and 100% of Petro Latina. Follow the interest of local and foreign investors to increase market share through the purchase of assets or companies.

Rizk Ventures and Goldman Sachs bought the real estate assets Heart Institute of Floridablanca for $95 million.

This story has been translated using Google Translate. Please excuse any incorrect translations.

Source: El Tiempo

Despite growing NPLs million dolar investment in hospitals and clinics

To view the original Dinero article in Spanish please click here. The below text has been translated using Google Translate.

Despite the millionaire NPLs with hospitals and clinics, more investment comes to this sector, which thrives on monthly rotations of government. Growing involvement of private equity funds.

On July 28 will open at Santander the first stage of which until now considered the nation, which was invested largest medical complex $200 million financed by banks and the IFC, which is the unit of the World Bank that lends him the private sector. This is the? International Hospital of Colombia, in addition to health services will include a hotel and convention center.

A substantial bet that starts amid alarms ignited by hospitals and clinics for growing problem of nonperforming loans more than 60 days owed them the different entities that sell them their health services, including EPS and local authorities and that at the end of last year, it could be between $ 13 billion and $ 14 billion. This calculation is the Association of Hospitals and Clinics, which unionizes to 146 institutions. “At the end of 2015, our members, with 20% of the beds in the country, owed $ 6.1 billion; if that figure is extrapolated to the entire sector portfolio can add $ 14 billion ” , says Juan Carlos Giraldo, president of the guild.

Although the Ministry of Health launched an emergency plan that seeks to reduce this portfolio and facilitate the movement of money in all links of the chain, hospitals and clinics warn that late payment continues to rise and some have portfolio up to 200 days.

The picture does not look very encouraging for calls Institutions Providing Health Services (IPS) and yet, the investment in the new? International Hospital Colombia is no exception, nor an isolated case, but more and more announcements are made institutions expansion and construction of new hospitals and specialists.

Moreover, the business of health and care not only doctors and professionals in the sector, but also private equity funds, which are bringing their resources to IPS millionaires.

One of them is the Ashmore London, which in 2013 invested in Specialized Cardiological Diagnostics (Diacorsas), a company that operates hospitals in Manizales, Ibague and Santa Marta .

Camilo Villaveces, president of Ashmore Colombia, explained that invest in IPS because they see it is a business with potential and says the undeniable problem of NPLs is faced with financial capacity, which is what they provide as investors. “We have a portfolio average of 200 days and that becomes complicated operation, but with capitalization we did, Diacorsas can resist and continue to grow,” she says and adds that in Ciudad Verde, a macro housing of Amarilo construction in Soacha, already have a plot to build a high complexity hospital 250 beds, where they will be owners and operators.

Having thick skin

So far Ashmore has spent between US $ 30 and US $ 40 million to the health sector in the country and plan to invest another US $ 60 million more. Villaveces says that interest hospitals and clinics highly complex, but not EPS because the business model is different and has other peculiarities. “Of course, financial theme of hospitals is complicated, but touches have thick skin to endure,” he says.

Another fund that will enter the business of the IPS is Tribeca, whose president, Luc Gerard, is also a shareholder in National Clinics, an operator of hospitals was born in 2014 and already operates 400 beds at its headquartersCentenario (in downtown Bogota) and the San Rafael Clinic (south of Bogotá). There has a long-term alliance with the owners of the institution: the Hospital Order of St. John of God.

Carlos Florez, vice president of National Financial Clinics, adding that the San Rafael were presented with another business, which was to buy the facilities of the clinic owners concentrate only in the operation and not in the real estate management. “As we are not interested in the real estate, but the operation of hospitals, then find another partner: the bottom Rizk Ventures” he says.

This fund was created three years ago, derived from a company that provided services to hospitals in the United States. “Our focus is real estate, and as we know the health sector, we decided to focus on that niche , ” says Geoffrey Rizk, one of Rizk Ventures partners.

They began their internationalization in Colombia through a joint venture with Goldman Sachs. What they do is buy the property of hospitals and arrendárselos to their former owners so that they engage only the operative part.

In addition to the San Rafael Clinic, Rizk Ventures also bought the property at the Heart Institute of Floridablanca, who belonged to the Cardiovascular Foundation of Colombia and along with National Clinics operate Clinic Los Nevados in Pereira, where he previously worked the Cardiovascular Clinic of the Child (former Social Security).

Another fund industry is stuck in MAS Equity Partner, which in 2013 invested $ 25,000 million in the Americas Clinic Medellin. He also is a partner of Smile Dental Clinics. However, Hector Cateriano, CEO of MAS Equity Partner, explains that although both are investments in health are different businesses, because one is private (Smile) and the other is mainly draws on the resources of the social security system.

The attractive to private equity funds are precisely those resources that the Government rotates monthly to pay the health of almost the entire population (since coverage is almost universal). It is estimated that each year are about $30 billion and thus money delay in moving from EPS to hospitals and clinics, is silver sooner or later.

“Colombia has the health system number 22 in the world, Germany 25 and USA 37. The cost per patient is perhaps one of the most efficient in the world are US $2,500 a year compared to between US $5,000 and US $6,000 in United States, that makes here the hospitals are more profitable than in other countries”, argue the partners Rizk Ventures to justify its commitment to Colombia and is the same investment thesis of all other funds they see there an opportunity to profit.

Others in the industry believe that, although the system is attractive for universal coverage and turns of the Government, its financing is not sustainable. “Social security is an achievement for the country, but doubts arise when this is increasingly being privatized more. It may be a setback in terms of equity “reviewers.”

Good or bad business, the fact is that while some IPS are on their way to bankruptcy, others are struggling to survive and some are expanding and looking for investors. The important thing is that ultimately serve to heal the ill health of Colombians.

Source: Dinero

Hospital San Rafael sells its headquarters (Spanish)

Hospital San Rafael vendesusede

Rizk Ventures Colombia, filial de la estadounidense del mismonombre, junto con Goldman Sachs establecieron un joint venture para invertirenfincaraízmediante la compra de inmuebles a empresascuyonegocio no es el inmobiliario. Eso les liberaflujo de caja sin tener que cambiar de sede, pues se quedanen las instalacionescomoarrendatarios. El másrecientenegocio de este joint venture, que estáenfocadoen el sector hospitalarionacional, fue la sede del Hospital UniversitarioClínica San Rafael en Bogotá, que era propiedad de la OrdenHospitalaria de San Juan de Dios. Estainstituciónfuefundadaen 1929 y tiene 387 camas.

Source: Dinero

Rizk Ventures announces healthcare real estate sale-leaseback transaction of San Rafael Hospital in Bogotá, Colombia

NEW YORK — Rizk Ventures Colombia (“RVC”), an affiliate of Rizk Ventures, LLC, announced today the execution of a healthcare real estate sale-leaseback transaction with an affiliate of The Goldman Sachs Group, Inc. (“GS”) for the real estate of the hospital known as Hospital Universitario Clinica San Rafael (“HUCSR”) in Bogota, which was purchased from the Orden Hospitalaria de San Juan de Dios (“OHSJD”). Founded in 1929, HUCSR is a 387 bed hospital located in Bogota, Colombia. The hospital provides the community with specialized health services, academic training and research.  Simultaneously with the closing of the sale-leaseback transaction, National Clinics Colombia, a premier owner and operator of hospitals in Colombia entered an institutional collaboration agreement with the hospital.

RVC and GS established the joint venture to invest in real estate sale-leaseback transactions in the Colombian hospital market and executed the first sale-leaseback transaction in January 2016. “Colombia boasts a strong and growing economy coupled with an attractive business environment,” commented Klaus Lederer, Rizk Ventures’ managing partner. “We are excited to continue to work with Goldman Sachs as we escalate the pace of these acquisitions in Colombia.”

Rizk Ventures’ managing partner Geoff Rizk commented, “We’re excited to be a capital partner for NCC, a leading operator in the country.”

Carlos Florez, CFO of National Clinics Colombia commented, “We are extremely pleased with the support we received from RV and GS, as it will allow us to dedicate more resources to our development plan which includes adding 350 beds to our existing facilities in Bogotá and Pereira.”

Rizk Ventures Colombia is a wholly owned affiliate of Rizk Ventures, LLC led by Rizk Ventures’ Managing Partners, Geoff Rizk andKlaus Lederer. This team has substantial experience and relationships in connection with investment opportunities in the Colombian healthcare market.

About National Clinic Colombia (NCC):
NCC is a leading healthcare provider through the acquisition and operations of hospitals and clinics throughout Colombia. NCC adds value to the health systems by offering quality cost efficient care solutions for patients in the lower middle class segment and health insurance companies by leveraging their network approach and focusing on chronic care.

About Rizk Ventures
Rizk Ventures is a privately-held investment firm based in New York, founded by Thomas A. Rizk and Linda Rizk. Rizk Ventures focuses on investment activities in the areas of Real Estate, Healthcare, and Special Opportunities. Rizk Ventures adds value post-investment by strengthening consumer relationships, advising management teams, broadening technology platforms, and providing operational expertise.

Source: PRNewswire

Geoff and company

Rizk Ventures Sponsors Table at the Marine Corps – Law Enforcement Foundation’s 21st Annual NYC Gala

Linda RizkLast week, Rizk Ventures sponsored a table at the Marine Corps – Law Enforcement Foundation’s (MC-LEF) 21st Annual New York City Gala at the Waldorf-Astoria Hotel. It was truly a pleasure and honor for our team to support MC-LEF, an incredible organization that provides educational scholarships to the children of fallen United States Marines and Federal Law Enforcement Officers. Since the founding of MC-LEF in 1995, the organization has awarded over $67 million in scholarships and has supported over 3,700 children.

The event, attended by Marines in full military and military and law enforcement veterans, was also attended by the Assistant Commandant of the Marine Corps, General John M. Paxton, Jr., former New York Police Commissioner Ray Kelly, former head of the New York FBI Jim Kallstrom, 4 Vietnam War Medal of Honor Recipients, our own LtCol James D. Wiley, and the guest of honor, Steve Cohen. Steve Cohen, the successful hedge-fund investor, was awarded the Commandant’s Leadership Award of the Marine Corps-Law Enforcement Foundation for his commitment of $275 million to the Cohen Veterans Network of mental-health clinics opening around the country and Cohen Veterans Bioscience, a research nonprofit dedicated to researching PTSD and traumatic brain injury.

In total, 650 guests attended the NYC Gala which raised $1.3M+ for the organization. We at Rizk Ventures applaud the amazing work MC-LEF does to help the families and children of the men and women who sacrifice themselves to serve our country. We also applaud the amazing efforts of Mr. Steve Cohen, whose selfless ambition aims to support and provide aid to the brave men and women who selflessly volunteered to protect our country and defend our freedoms. It was an honor to participate in such a wonderful event and we cannot wait for next year.

Geoff and company

Geoff and company