Background on DFER
DFER was founded by hedge fund managers
- Co-founder Whitney Tilson (and founder of the T2 Partners hedge fund) explained the hedge funders interest in education noting that “Hedge funds are always looking for ways to turn a small amount of capital into a large amount of capital.”
- DFER’s supporters have included the founders of funds like Anchorage Capital Partners, with $8 billion under management; Greenlight Capital, with $6.8 billion; and Pershing Square Capital Management, with $5.5 billion