Dakota Fanning: CFDA/Vogue Fashion Fund Awards 2012

Dakota Fanning is pretty in pink at the 2012 CFDA/Vogue Fashion Fund Awards held at Center 548 on Tuesday evening (November 13) in New York City.

The 18-year-old actress joined designer Jason Wu at the event, wearing an ensemble by him with Prada shoes.

PHOTOS: Check out the latest pics of Dakota Fanning

Created to generate sufficient income each year to fund financial awards to one or two of the next generation of fashion designers and provide business mentoring, the award ceremony gave out honors to Jennifer Meyer, Greg Chait, and Tabitha Simmons.