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Our fall fundraising drive is off to a rough start, and we very much need to raise 400,000 in the next couple of weeks. If you value the journalism you get from Mother Jones, please help us do it with a donation today. We can't afford to come up short, and there's still a long way to go by November 5.
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OPIC is a federal agency that helps U.S. companies invest in developing overseas markets. OPIC chooses from among plans submitted by companies and private investors and finances $3 billion worth of opportunities that don’t exist in the regular marketplace, such as providing insurance against political risks or loans for risky, long-term projects. OPIC matches its “private” funds 2-to-1 and often insures the investments against loss. The funds generate a huge profit for OPIC — $209 million last year — and their lucky investors. But these private funds like to remain just that — private.
Our search for the NEWBRIDGE ANDEAN fund led to a Mail Boxes Etc. store. When we asked for “Suite 410,” a clerk showed us a mailbox.
WESTSPHERE EQUITY INVESTORS manages a fund that is only for “sophisticated” investors.
The GLOBAL ENVIRONMENT EMERGING MARKETS FUND II is open to anyone able to cough up a minimum investment of $2 million.
We found the POLAND PARTNERS MANAGEMENT CO. fund at the law firm Landon Butler. The fund’s investors include the AFL-CIO.
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