Monday, 1 September 2014
Last updated 3 days ago
Apr 25 2013 | 10:08am ET
Paul Tudor Jones' latest philanthropic effort is an unusual one.
The Tudor Investment Corp. founder has put up $4 million to help Colorado improve a road that runs near his ranch in the state. Jones had previously given almost $1 million to get the project started.
Jones' money will go towards expanding about 11 miles of State Highway 9, near its northern terminus at Kremmling. The road will be widened, with eight-foot shoulders added, large enough to accommodate a bike lane, and vehicle recovery areas added. In addition, five wildlife underpasses and two wildlife overpasses would be built, with fences to direct wildlife to the crossings.
Jones' Blue Valley Ranch is located outside of Kremmling.
"Almost daily we witness collisions between wildlife, cars and trucks out on Highway 9," Perry Handyside, who manages Jones' ranch, said. "We decided we had to step forward and help."
Local governments in the area still need to raise $4.3 million for the $46 million project.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...