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While Wisconsin has made a concerted effort to bring more of its fund management in-house, it could do more.
It also began treating each of its fund groups as a discrete business entity with separate profit and loss statements.
The Ontario Teachers' Pension Plan, which is roughly the same size, carries out nearly all of its fund management in-house, and historically it has seen very good results.
This is the third installment of its fund for India and Southeast Asia and, most notably, it is the first that the Southeast Asia-India fund has raised capital from outside investors.
At any given moment, it is likely that at least one of its fund managers will be performing well.
WASHINGTON — In an effort to expand broadband Internet service, the Federal Communications Commission on Thursday approved an overhaul of its fund that subsidizes rural telephone service, turning it into one meant to offer broadband service to the millions of Americans who lack high-speed connections.
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In terms of its fund-raising restrictions, it treats unions and corporations equally, a principle needed to get both Democrats and Republicans behind the bill.
Indeed, the executive said the firm was confident it would close on the first stage of its fund-raising toward the end of this month, with commitments from investors north of $2 billion.
The foundation is still short of its fund-raising goal of $900,000.
As an alumnus, he was a chairman of one of its fund-raising committees.
It backfired, showing how far the company was from reaching even a small part of its fund-raising goal.
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