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'Alpha': Donor's Investment Plan

The billionaire industrialist Eli Broad wants to double the size of his foundations' assets in the next three years, in large part by making shrewd investments, writes Institutional Investor's Alpha magazine (September/October).

Mr. Broad, whose fortune is estimated to be $5.5-billion, has three foundations now worth $1.4-billion, the magazine says.

For his investments,...

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