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(c) When the grantee's financial management meets the standards for fund control and accountability.
Last month, the industry celebrated another milestone: the money under hedge fund control surpassed $2 trillion, a record.
Officers, trustees and others affiliated with the Torray fund control fund shares worth $80 million, according to company filings and Mr. Torray.
To fully fund control efforts, including insecticide-treated bed nets, indoor insecticide spraying, disease surveillance and treatment programs would require more than $5 billion, he says.
Proponents of high risk species could be required to pay a bond to fund control of escaping crops, or they could be required to do the control themselves at their own expense.
Finances are pledged by country governments, foundations and other donors and grants are made to fund control programmes in low and middle-income countries where one or more of the three diseases is endemic.
Similar(54)
(At its peak, the fund controlled roughly $450 million for about ninety clients).
Those funds, along with $37 million from other donors, were invested in BP Capital Management, a hedge fund controlled by Pickens.
Other investors in the partnership include five private equity companies or hedge funds: J. C. Flowers & Company; Stone Point Capital; Paulson & Company; a fund controlled by George Soros's Fund Management; and a fund controlled by Silar Advisors.
Hony Capital, a private equity fund controlled by Lenovo's parent, Legend Holdings, will buy the phone unit for $100 million.
HMV has sold its Waterstone's book chain to a fund controlled by Russian billionaire Alexander Mamut for £53m.
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