SCGF, a hedge fund for charter school expansion
Did you know there was a special Charter School Growth Fund? The fund raises money from private investorsand then pours millions into selected charter schools through their private operators thereby creating yet another tier of competing "public" schools.
They even make real estate loans to the charter operators, charging them interest in the process, "to help charter school operators within our portfolio finance school facilities at more attractive rates and terms."
Kind of a bank for the private charter management companies. Investors include names like Gates, Walton, Bradley, Dell, etc...
The board of SCGF consists of these heavy hitters:
They even make real estate loans to the charter operators, charging them interest in the process, "to help charter school operators within our portfolio finance school facilities at more attractive rates and terms."
Kind of a bank for the private charter management companies. Investors include names like Gates, Walton, Bradley, Dell, etc...
The board of SCGF consists of these heavy hitters:
- John Fisher, President of Pisces, Inc. and founding Partner of Sansome Partners, a private equity