He also confirmed the BBC will take on responsibility for funding the World Service and BBC Monitoring, and part-funding S4C, as well as helping to meet the cost of rolling out broadband internet access to rural areas.
International donors are looking to middle-income countries to take more responsibility for funding their own HIV responses.
The first phase is expected to cost between $35 million and $45 million, with responsibility for fund-raising to be shared equally by the ballet and the opera.
But Mr. Mittelman has no responsibility for fund-raising and is not accountable to investors, two key roles played by hedge fund managers.
The corporation accepts responsibility for funding S4C and the World Service.
BBC will take over responsibility for funding World Service.
The BBC took on responsibility for funding the global broadcaster this year as a result of the 2010 licence fee settlement.
The BBC will assume responsibility for funding the World Service, BBC Monitoring, and S4C from the licence fee as detailed below.
2014 The Australian government puts responsibility for funding essential services in Aboriginal communities back on the states.
With responsibility for funding the next election campaign falling to him, Gordon Brown may want to tread carefully.Armies of compassionThe Tories have no such qualms.
