The charitable impulse

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Hedge fund giving keeps on growing; the Absolute Return Top 25 Hedge Fund Foundations hit $3.52 billion

Hedge fund giving keeps on growing; the Absolute Return Top 25 Hedge Fund Foundations hit $3.52 billion

By Carolyn Sargent

Hedge funds may be known for crowding trades. But when it comes to philanthropy, these wealthy capitalists are proving a diverse lot, pursuing interests as disparate as the funding of a safe zone for raising children in Harlem (Stan Druckenmiller) to cleanup of the Chesapeake Bay (Keith Campbell).



Fueled by a sizable increase in assets, the biggest fund managers keep getting wealthier, stepping up their philanthropic efforts as they do. Assets in the Absolute Return Top