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 Biopharma Hedge Funds Stumble as Last Year’s Rally Fades Stephen Taub Premium Third Point Overhauls Its Top Holdings in an Unusual Shake-Up Stephen Taub ETFs: Growing Institutional Adoption Sponsored by Invesco