Michael Novogratz on Hedge Funds and Philanthropy As a shrinking percentage of the population accounts for an ever greater percentage of the goods, it's important to focus on not just who's giving away money but who has the biggest impact. Related Articles Hedge Funds Are on Pace for a Strong Second Quarter Stephen Taub Premium Tiger-Related Hedge Funds Gain Ground — Some Faster Than Others Stephen Taub Higher Taxes Could Reshape How Endowments and Foundations Think about Almost Everything Sponsored by Fidelity Investments