Tick Tock Club's race to raise £10m

Creating great wealth creates great responsibilities. The bull market over the past four years or more has helped create a new generation of the super rich who have made huge fortunes on the back of private equity, hedge funds, the mergers and acquisitions boom and a fast-expanding financial services sector.
But there is now a growing acceptance that the well-off must put something significant back into society. Education is beginning to attract large donations through initiatives such as the Government's Academy scheme, but improving the nation's health is just as crucial.

Michael Evans is founder and chief executive of privately-held investment banking group Evans Randall and is also a member of the Tick Tock Club - whose patron is ex-footballer Gary Lineker and chairman is Ken Costa, a senior banker at UBS.

The club is a unique type of fund-raising organisation bringing together people from the business community whose members aim to raise £10 million towards the cost of a new heart and lung centre at Great Ormond Street Hospital in London.

As head of a group that has arranged or invested in more than £15 billion worth of property transactions since its formation in 1993, Mr Evans does not usually worry about how he would react to the sight of blood in the course of a day's work. But he's been keen to understand more about exactly why the new heart and lung centre is needed. So, swapping his suit for theatre scrubs in the staff dressing room at the hospital, he found himself preparing to watch one of the country's leading children's heart surgeons in action.
source:www.telegraph.co.uk