Mark Kingdon’s Foundation Is Invested In These 30 Funds

Mark Kingdon is a veteran in the hedge fund industry known for founding Kingdon Capital in 1983. The company’s strategy is to invest in high-growth and value stocks of all-cap stocks. Also, they use a long/short equity approach and invest in currency futures. In 2007 his fund was listed by Financial Times as one of the 100 to follow.

In 2007 he and his wife, Anla Cheng, founded a foundation called Mark & Anla Cheng Kingdon Foundation in 1997 that supports goals from the arts and education sectors.

In the latest 990 filing submitted to the IRS from November 2024, the foundation reported $11 million in expenses, negative income of $555 thousand, and total net assets of $196 million. The revenue for 2024 was $10.5 million.

Mark Kingdon donated $7.7 million to the foundation, while net gains from sales of assets contributed $2 million. Dividends from interests and securities brought an additional $690 thousand to the foundation.

Fund Investments

Kingdon invested in about 30 funds, with the majority coming from the venture capital sector. The single biggest investment was in a fund managed by Kingdon Capital.

• APIS OFFSHORE CAPITAL, LTD.: Managed by Apis Capital Advisors, a global long/short and long-only equity investor. They invest in small and mid-cap companies from tech, healthcare, industrial, and consumer sectors.
• BLUEIO GROWTH LLC: Blue-io is an alternative investor focusing on world-changing technologies and investing in them over the long-term horizon. Some of the investing themes include sustainability, protection from cyber attacks, and empowering communities.