By Nadja Brandt and John Gittelsohn (Bloomber Businessweek) – Bobby Turner, who runs a school-construction fund with tennis champion Andre Agassi, has started a new firm seeking to raise as much as $1 billion for charter schools, workforce housing and health-care facilities.
CNBC.COM – With a who’s who of bankers and hedge fund titans in attendance, the Robin Hood Foundation’s annual gala raised more than $60 million Monday, cementing its status as New York’s leading charitable event.
By Kate Rogers (FoxBusiness) – High net worth investors are seeking a new way to grow their cash, and some are turning to public-private partnerships to put capital in the hands of society’s most needy. Bank of America (NYSE: BAC) Merrill Lynch is offering investor clients the opportunity to partake in social impact partnerships, with … Continued
Bill Ackman invests in young research scientists. Here are the first six to benefit. By Barbara Benson (Crain’s New York Business) – Home to some of the top medical institutions in the country, New York City attracts millions of dollars in annual federal research funding.
By David Rooney (The Hollywood Reporter) – NEW YORK – Signature Theatre has been chosen to receive the Tony Awards’ 2014 Regional Theatre Award, marking the first time that the honor will be presented to a New York-based company.
By Amanda Gordon (Bloomberg Business Week) – Three days after announcing a $17 million donation to Harvard, activist investor Bill Ackman disappeared into a roomful of scientists to decide where his and his wife’s next gift should go.
By David I. Laibson (Harvard Magazine) – The University announced today that the Pershing Square Foundation—founded by Bill (William A.) Ackman ’88, M.B.A.’92, CEO of Pershing Square Capital Management, and Karen Ackman, M.L.A. ’93—has donated $17 million to “catalyze”a “foundations of human behavior” initiative aimed at exploring “the psychological, social, economic, and biological mechanisms that … Continued
By Melanie Grayce West (The Wall Street Journal) – Billionaire investor Bill Ackman and his wife, Karen, like to support entrepreneurial organizations at an early stage. They look for projects where their involvement will make a material difference.
By Chris Farrell (Bloomberg Business Week) – Americans celebrate innovation, a term that the dictionary says stems from the Latin verb innovare—to “make new.” We all sense that a wave of innovations—mobile internet, robots, artificial intelligence, driverless cars—will transform the way we live and work.
Award-winning documentary filmmaker Morgan Neville (20 Feet From Stardom) is directing ‘The Sound of Silk’, an exciting new documentary about the Silk Road Ensemble with Yo-Yo Ma, the world-renowned cellist.