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 AI Is Making Even Tech Hedge Funds Look Like the S&P 500 Julie Segal Top Hedge Funds Are Reshaping Their Portfolios Stephen Taub How Nonprofits of Varying Sizes Can Tap Into Big-firm Investment Expertise Sponsored by Fidelity Investments