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Mr Brown added: "The notion of pension funds building entire towns, to quote Ian Fleming, 'goes wildly beyond the probable, but not, I think, beyond the possible'.
Some industry observers warn that hedge funds building out new quant arms may simply be trying to capture investor money that is flowing into the strategy.
These candidates face a far bigger transition when trying to compete for a major elected office like United States Senate or governor, in terms of raising funds, building name recognition and developing platforms that allow them to appeal to enough voters to win statewide.
Uttar Pradesh, with nearly 200 million people, is one of the poorest places in the world and has long been awash in corruption allegations under the chief minister, Mayawati, who has spent millions of dollars in public funds building statues of herself.
So for the moment we will rely on public funds, building relationships with London money and utilising our cunning and acumen.
However, even among private-equity funds that invest in late-stage, stable, established companies, we see many such funds building portfolio operations groups.
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Illinois, $714 million of unemployment insurance fund building receipts revenue bonds.
Illinois Department of Employment Security, $777.9 million of unemployment insurance fund building receipts revenue bonds.
Actual physical location of the fund (building and room number).
Free guest parking is available at 1st and Madison, just west of the Daniels Fund building.
With steep cuts in publicly funded building works for the foreseeable future, the industry shut up shop.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com