By Douglas Holtz-Eakin
The young drop coverage to avoid higher premiums
Independent voices from the TWT Communities
Far from being a pauper, Sesame Workshop, the company that produces the beloved children's television program that has become an unlikely point of partisan bickering in the presidential campaign, has put away more than $100 million in investments, including more than $20 million in hedge funds and $9.7 million in a private equity fund.
"It's actually pretty common among nonprofits," said Marcus Owen, a lawyer at Caplin and Drysdale who previously served as director of the tax-exempt organization division at the Internal Revenue Service. "You'll find it really common among universities and pretty common among larger foundations. It's part of modern portfolio management."