These Are Fund Manager Garrett Thornburg’s Favorite PE And Hedge Funds

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Michelle deBoer-Jones
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Updated on

Many wealthy asset managers donate large amounts to charity, and Garrett Thornburg of mutual fund manager Thornburg Investment Management is among those that give through their own charities. In fact, just in 2021 alone, he donated $14.6 million worth of shares of Thornburg’s Value CL I and Core Growth CL I funds to his foundation. According to its latest 990 filed in November 2022, the Thornburg Foundation had $158.6 million in assets at the end of 2021. We can get an idea of which fund managers Thornburg trusts the most by looking at where his foundation invests its money. Q1…

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.