Those cash bequests reveal a new personal footnote to the cloudy history of the Madoff fraud — a link between Mr. Picower and the earliest known fund-raisers for Mr. Madoff.
This is the only known funding mechanism, and there is no public accounting.
The tactics of organisations like the Heartland Institute are well known: funding and disseminating information that aims to undermine attempts to regulate carbon emissions.
Founded in 2012 by Nigerian entrepreneur and Harvard MBA Sim Sahagaya, Konga amassed $108 million in known funding in rounds from Naspers and Kinnevik.
The National Council of Real Estate Investment Fiduciaries, the master trade association for all real estate funds, calculated the volatility of opp funds that started in 2003 using quarterly nav data for all known funds of that vintage.
LP's are flocking to well known funds with great track records and the net result is that several mega funds have raised $1B+.
To date, more than $600 million in known funding has gone to what we've dubbed the "alt-meat" sector, according to Crunchbase data.
And as with other programs for which Duncan is known, funding for it won't automatically be replenished.
Overall, according to a summary being circulated among Democratic aides, the CR, as it's known, funds the government at a rate $9 billion less than the FY10 budget.
