Key Takeaways
- Punitive, anti-hedge fund proposals would devastate working Arizonans.
- Hedge funds deliver for tens of thousands of Arizona first responders.
- Arizona nonprofits that invest in hedge funds include the Helios Foundation and the Virginia G. Piper Charitable Trust.
Institutional investors like pensions, educational endowments, and charities rely on investments in hedge funds to support communities and families in Arizona. In her recent op-ed for the Scottsdale Independent, Suzanne Klapp explains how investments in hedge funds benefit everyday Arizonans. Key excerpts can be found below.
“These proposals may not seem like a direct hit on everyday Arizonans at face value, but they, unfortunately, would be devastating. That’s because hedge funds invest on behalf of institutional investors such as pensions, educational endowments, and charities.”
“We are all watching our finances a little bit more closely these days, yet the government still hasn’t gotten the memo. D.C. regulators should take a step back and look at whom their overreaching rules truly hurt: everyday Arizonans who rely on retirement savings, financial aid, and charities.”
