The New York Times today has a big piece about New York City hedge fund guys and their involvement in charter schools….and, er….wait a minute…..in the Sunday Styles section??!? Sample quote:
Hedge fund managers may be better known for eight-figure incomes with which they scoop up the choicest Manhattan penthouses and Greenwich, Conn., waterfront estates. But they also dominate the boards of many of the city’s charters schools and support organizations.
“If you’re at a hedge fund, this is definitely the hot cause,” DFER’s Joe Williams tells the Times. “These are the kind of guys who a decade ago would have been spending their time angling to get on the junior board of the Met, the ballet.”
It says something that this piece is in the part of paper famously dubbed the “Ladies’ Sports Section,” right next to the wedding announcements and mint julep recipes. I’m not sure what, exactly, but it says something.
[H/T Andres Henriquez on Twitter]