Private equity giant TPG has picked up a $500m anchor commitment from CalPERS for its inaugural NEXT fund targeting the next generation of underrepresented alternative asset managers.
Friends of the Children-Central Oregon (FOTCCO) announced today it has received a $220,000 grant award from the Wood Next Fund, to support its mission to break generational cycles of poverty through its long-term, professional mentoring program. The grant was matched dollar for dollar by the Central Oregon Health Council. "This gift from Wood Next Fund will be transformational for our program, and the youth and families we serve," said executive director Rachel Cardwell. "It will allow us to expand, not just in the number of youth we select into our program, but also our ability to effectively serve kids outside of Bend and throughout Central Oregon." FOTCCO has an expansion plan in progress to serve rural communities in Jefferson and Crook Counties. The gift will support an additional 15 youth, bringing total enrollment to 61, with the addition of two Professional Mentors, called Friends, one of whom will be dedicated to areas outside of Bend. These funds will also
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