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Exact(36)
To keep the fund operating, in January 2012 billionaire Bill Gates donated $750 million.
The goal is to have the fund operating by the end of the year.
In a 10-year, billion-dollar fund, operating costs alone can be $200 million.
Mr. Annan said his goal was to have the fund operating by the end of the year.
Both need regular cash injections — over $2 billion each last year — to fund operating and capital investment outflows.
But the bets, which center on Irish and Hungarian government bonds, aren't the work of a hedge fund operating stealthily out of London or Geneva.
Similar(24)
The hedge fund, PTJP Partners, is an obscure investment fund operated from offices at 110 Wall Street.
Like other charities it was critical of the way the fund operates.
An "angel fund" operated by Beaver Farm, an interfaith social agency, provides holiday packages and camp scholarships.
Big Red Ventures (BRV) is a completely student-run, early-stage venture capital fund operated out of Johnson.
The seller was a fund operated by Hines, a Houston-based developer that built the property in the 1970s.
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CEO of Professional Science Editing for Scientists @ prosciediting.com