Kate - the Lady in Red

Last night William & Kate were guests of honor at a fundraising gala evening at St James's Palace.The event was hosted by the 100 Women in Hedge Funds and raised £675,000 for the Child Bereavement Charity -- a cause close to William's heart. This marks a first royal patronage for the Duchess.

Kate dazzled in a red floor-length red dress with billowing sleeves by Beulah London. The low-cut, pillar-box, maxi-length evening gown emphasized Kate's beautiful figure.

The gorgeous silk jersey dress is the 'Sarai Dress' (£565) from the Beulah London Autumn/Winter 2011 Collection. It is also available in navy blue. www.beulahlondon.com/

The Duchess accessorized with a gold clutch, her sapphire and diamond engagement ring and a pair of diamond earrings that we have not seen before. Her shiny hair hung loose around her shoulders.

Update 10/19/2011

After finding a HQ picture, I think I have ID'd Kate's clutch. It is the 'Edith' Gold Glitter Clutch (£160.00) by Wilbur & Gussie. As of this writing, it's currently sold out. www.wilburandgussie.com/

Information from the Wilbur & Gussie Website:

"It's an envelope style clutch with an inside pocket and optional wrist strap. It comes in 100% silk or metallic weave. It holds more than just credit cards and cash. It lets you throw in your blackberry, keys and lippy and is becoming the firm favourite season after season.

•Size: 26.5 x 15.5 cm
•Made in Spain
•Edith was named after Brett's border terrier."

On a side note, this was the same clutch that Pippa paired with her dress to the 2011 Boodles Boxing Ball.