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OPIC is a federal agency that helps U.S. companies invest in developing overseas markets. OPIC chooses from among plans submitted by companies and private investors and finances $3 billion worth of opportunities that don’t exist in the regular marketplace, such as providing insurance against political risks or loans for risky, long-term projects. OPIC matches its “private” funds 2-to-1 and often insures the investments against loss. The funds generate a huge profit for OPIC — $209 million last year — and their lucky investors. But these private funds like to remain just that — private.


Our search for the NEWBRIDGE ANDEAN fund led to a Mail Boxes Etc. store. When we asked for “Suite 410,” a clerk showed us a mailbox.


WESTSPHERE EQUITY INVESTORS manages a fund that is only for “sophisticated” investors.


The GLOBAL ENVIRONMENT EMERGING MARKETS FUND II is open to anyone able to cough up a minimum investment of $2 million.


We found the POLAND PARTNERS MANAGEMENT CO. fund at the law firm Landon Butler. The fund’s investors include the AFL-CIO.

DOES IT FEEL LIKE POLITICS IS AT A BREAKING POINT?

Headshot of Editor in Chief of Mother Jones, Clara Jeffery

It sure feels that way to me, and here at Mother Jones, we’ve been thinking a lot about what journalism needs to do differently, and how we can have the biggest impact.

We kept coming back to one word: corruption. Democracy and the rule of law being undermined by those with wealth and power for their own gain. So we're launching an ambitious Mother Jones Corruption Project to do deep, time-intensive reporting on systemic corruption, and asking the MoJo community to help crowdfund it.

We aim to hire, build a team, and give them the time and space needed to understand how we got here and how we might get out. We want to dig into the forces and decisions that have allowed massive conflicts of interest, influence peddling, and win-at-all-costs politics to flourish.

It's unlike anything we've done, and we have seed funding to get started, but we're looking to raise $500,000 from readers by July when we'll be making key budgeting decisions—and the more resources we have by then, the deeper we can dig. If our plan sounds good to you, please help kickstart it with a tax-deductible donation today.

Thanks for reading—whether or not you can pitch in today, or ever, I'm glad you're with us.

Signed by Clara Jeffery

Clara Jeffery, Editor-in-Chief

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