CAPITAL FUNDS OVERVIEW
Global Association of Billionaires and Millionaires (GABM) is the
philanthropic division of the G500 Private Investment Group.
GABM has to date established ten $1 Billion capital funds.
GABM’s unique and sustainable business model allows the organization to seldom
request capital grants from its associate members in order to fund its
philanthropic corporate activities. Its business model entails that GABM
establish capital funds on regular intervals (or on request from its associate
members) in which its associate members can invest capital.
Investment in these capital funds is voluntarily and only GABM associate
members may invest capital in these funds. The Board of Executives will duly
notify its associate members when a fund was established, what kind of fund it
is, what the minimum investment amount is, the closing date of the fund, etc.
When a particular $1-Billion US Dollar capital fund is fully subscribed and
closed for investments, the investing associate members appoint a management
committee responsible to appoint an experienced Fund Manager to invest and
manage the capital on their behalf.
The GABM Board of Executives invite internationally recognized Fund Managers to
submit tenders for consideration. The Board of Executives will then make
recommendations to the committee who will make the final decision on which Fund
Manager will invest and manage the applicable capital fund on behalf of the
investing associate members.
These funds are required to generate bi-annual or annual income for the
investing associate members.
In terms of an agreement, associate members must invest 50 percent of all
profits generated by these funds in one or more of GABM’s philanthropic
programs and corporate activities. Thus, with a nominal investment in one or
more of these capital funds, GABM associate members can participate in numerous
philanthropic programs without donating or allocating capital at any stage,
while simultaneously generating profits for themselves.
The life cycle of each fund is perpetual, but after a period of 10 years,
investing associate members may request the investment capital to be refunded.
The establishment of these funds has the sole purpose of funding large-scale
business projects of GABM associate members, with the specific objective of
creating thousands of permanent and sustainable job opportunities all over the
world. GABM only accepts funding proposals from its associate members who have
submitted our standard 'Executive Project Summary' document. The Board of
Executives will submit the applications to the committees for their perusal and
consideration.
· To date
more than $8-billion US Dollar has been invested in thousands of large business
development projects.
· More than
150 000 permanent and temporarily job opportunities have been created in the
process.
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