Hedge Fund Manager Donates 170,000 Acres of Wild Lands in Colorado

Journalists often are stumped for the right words to explain amazing news that comes across their desk. But this time … Continued

Journalists often are stumped for the right words to explain amazing news that comes across their desk. But this time the simple words announcing the news were amazing enough:

“A wealthy hedge fund manager has set a record, donating 170,000 acres of prime wilderness land in Colorado’s pristine Sangre de Cristo Mountains to the U.S. Fish and Wildlife Service, making it the largest donation to the agency.”

It gets better.

“Avid conservationist Louis Moore Bacon, 56, CEO and founder of Moore Capital Management, which is one of the largest hedge funds in the world, donated to the wildlife agency most of his 81,400-acre Trinchera Ranch Saturday, Sept. 15, adding to a previous 90,000 acre donation from his adjoining Blanca Ranch.”

In explaining the motivation for his donation, Bacon said: “We are too quickly losing important landscapes in this country to development–and I worry that if we do not act to protect them now, future generations will grow up in a profoundly different world.”

Oh, if only those politicians suggesting we sell our public lands to pay off debts could understand that.

The whole wonderful story can be read here.