Los Angeles Times – Roger Vincent
“Former tennis star Andre Agassi has joined with Los Angeles bankers to create an unusual for-profit investment fund for construction of as much as $750 million worth of charter schools in urban communities across the country. The goal of the fund is to develop 75 schools serving 40,000 students over the next three or four years while earning a financial return for investors, which include Citigroup Inc. and Intel Corp.”(more)