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July 2, 2007, 12:51 PM ET
Children's Fund in Britain Passes $1-Billion
Chris Hohn, a British hedge fund manager, donated $460-million to the Children’s Investment Fund last year, pushing the fund past $1.4-billion just five years after opening, reports The Financial Times.
Mr. Hohn wife’s, Jamie Cooper-Hohn, runs a foundation that focuses on helping children with HIV in developing countries. A portion of the earnings from Children’s Investment Fund Management goes to that foundation each year.
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