Many hedge fund managers donate millions of dollars to charity every year, and some do so through their own foundations. David Abrams of Abrams Capital, an opportunistic, fundamental fund with a value-oriented approach, is among those with his own foundation.
According to its Form 990 for 2021, the Abrams Foundation of Boston, Massachusetts had over $132 million in assets at the end of the year. David C. and Amy Abrams contributed $13 million to the foundation in 2021. Reviewing the Abrams Foundation's 990 offers insight into which hedge fund managers the Abrams Capital chief trusts the most.
Q1 2023 hedge fund letters, conferences and more
The foundation recorded a loss when Jonathon Jacobson's Highfields Capital shut its doors. Highfields...
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