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Last night, designer Alexander Wang won the CFDA/Vogue Fashion Fund award. "Wang took home the top honors, pocketing $200,000 and a year’s worth of mentoring. Lisa Mayock and Sophie Buhai of Vena Cava and Albertus Q. Swanepoel of Albertus Quartus were this year’s runners-up, and will each receive $50,000 and a business mentor. The winners beat out finalists Richard Chai, Jason Wu, Irene Neuwirth, Alejandro Ingelmo, Juan Carlos Obando, Obedient Sons & Daughters and Organic." [WWD, subscription req]