Mark Nordlicht - CIO of Platinum Partners Hedge Fund
Mark Nordlicht - The Dalia and Mark Nordlicht Foundation, New York, NY
Mark Nordlicht is the founder and CIO of Platinum Partners Hedge Fund, which currently manages around $930 million, an impressive figure in today's economy. Platinum Partners Management has been awarded numerous industry recognitions, including steadily advancing rankings in Barron's Hedge Fund 100, and has enjoyed significant returns using a multi-strategy format.
At just 42, Mark Nordlicht has two decades of experience in the investment industry. Since its 2003 launch, Platinum Partners Hedge Fund has overseen trading, asset allocation, and risk management for financial institutions, charities, trusts, foundations, and high profile individuals. In addition, Mr. Nordlicht serves as Chairman of Platinum Diversified Mining and Platinum Energy Resources, publicly traded oil, natural gas, and mining companies.
Mr. Nordlicht's close associates describe him as down-to-earth, easygoing, generous, and always eager to help a friend. He has also developed a close bond with a member of his temple, Wall Street veteran and business partner Uri Landesman. Their families socialize and vacation together. During tough times, Mr. Nordlicht takes comfort in the company of friends from his temple and the Orthodox Jewish community. His faith is a key part of his life, and it shapes the direction of his philanthropic work, including involvement in educational organizations benefiting Israel and Yeshiva University.
Mark Nordlicht is passionate about supporting charities and organizations with which he has close ties. He does this from a place of kindness and caring, not obligation or mere means. The numerous charities within the Jewish community he supports include Sharsheret, SAR Academy, Kesharim, Chai Lifeline, and Young Israel of New Rochelle. In addition, Mr. Nordlicht and his family have established The Dalia and Mark Nordlicht Foundation, which provides educational opportunities for less fortunate children, as well as fighting against poverty, disease, hunger, and genocide on a global scale.
"Charity is a practice but it is also a virtue. To be kind and caring, for some, may mean to donate to a cause that is dear to them. I have several such causes. With each charity I support, I have some sort of personal connection. Take some time to check out the organizations I support, and if you see something that inspires or intrigues you, remember what it means to truly practice charitable giving - do it not because you can or you should, but because it moves you."
According to Mark Nordlicht, charity should not be merely a practice, done out of expectation. Charity should be supported out of one's deep beliefs. Those who randomly pick organizations to support are missing an opportunity to express their kindness and empathy by helping a cause they cherish. When it comes to donating to an organization, Mr. Nordlicht believes it is very important to understand the meaning behind the practice of charitable giving. One should feel inspired to give.