Activist Global Hedge Fund to Expand Global Charity in Unclaimed Lands Governed with No International Laws
CHICAGO, IL (PRWEB) May 01, 2017 -- Activist Global LP, a multi-strategy hedge fund of fund manager, announced today that it has plans and is currently in the process of preparing to create a new global charity foundation named Temporary Nations. Activist Global (activistglobal.com) will be committed to strategically invest and allocate $494 million into the new proposed project along with several other international governmental agencies. The firm has conducted negotiations and reaching agreements with all the involved parties for the past ten months since mid 2016.
Furthermore, the firm will act as the financial controller to the Temporary Nations project, and the investment is consistent with Activist Global's strategy to leverage on its well established financial resources from over 45 countries, to build a regional diversified network for international humanitarian aid and development.
"Temporary Nations will be a self-regulatory organization and an international charity entity, its main focus is to provide worldwide humanitarian aid operations and development assistance to support the refugees under the current refugee crisis, especially in and around regions of Syria, Yemen, as well as throughout regions of Middle East, Africa, and across Asia Pacific", said King Laurence Chow, Activist Global's Founding Chairman. "More importantly, the Temporary Nations platform will be helping an enormous amount of refugees to work on resettlement into several of the new development zones across the continent, including several self-governed international territory, farmlands, unclaimed lands and districts that has no international laws or governing authority. They can be similar to the "Bir Tawil Territory" between Egypt and Sudan, "The Kingdom of Encalva" between Slovenia and Croatia, and "Liberland" in between Serbia and Croatia, which Temporary Nations will claim and to take control over. We will also work with China, Russia, and possibly the IMF, World Bank, UN, and UNHCR in the future, as well as with several highly experienced international philanthropists and NGOs. The goal is to give comfort and support to the people."
About Activist Global LP
Activist Global LP is a hedge fund manager specialized in global hedge fund investing across 45 countries globally, and provide counterparty swaps, as well as bank swap transactions, including the use of different credit instrument and derivatives.
Forward Looking Statement
This press release may contain forward-looking statements and predictions. These forward-looking statements, by their nature, necessarily involve risks and uncertainties that could cause actual results to differ materially from those contemplated by the forward-looking statements. The Company considers the assumptions on which these forward-looking statements are based to be reasonable at the time they were prepared, but cautions that these assumptions regarding the future events, many of which are beyond the control of the Company and its subsidiaries, may ultimately prove to be incorrect. Factors and risks, which could cause actual results to differ materially from current expectations, are discussed in the Company's annual board meeting. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information or future events, except as required by international law.
Emmy Chow, Activist Global LP, +1 (646) 893-5188, [email protected]
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