Activist Global LP, announced today to create a new global charity foundation named Temporary Nations.
Activist Global LP, a multi-strategy hedge fund of fund manager, announced today that it has plans and is currently in the process of preparing to create a new global charity foundation named Temporary Nations. Activist Global (activistglobal.com) will be committed to strategically invest and allocate $494 million into the new proposed project along with several other international governmental agencies. The firm has conducted negotiations and reaching agreements with all the involved parties for the past ten months since mid 2016.
Furthermore, the firm will act as the financial controller to the Temporary Nations project, and the investment is consistent with Activist Global's strategy to leverage on its well established financial resources from over 45 countries, to build a regional diversified network for international humanitarian aid and development.
"Temporary Nations will be a self-regulatory organization and an international charity entity, its main focus is to provide worldwide humanitarian aid operations and development assistance to support the refugees under the current refugee crisis, especially in and around regions of Syria, Yemen, as well as throughout regions of Middle East, Africa, and across Asia Pacific", said King Laurence Chow, Activist Global's Founding Chairman. "More importantly, the Temporary Nations platform will be helping an enormous amount of refugees to work on resettlement into several of the new development zones across the continent, including several self-governed international territory, farmlands, unclaimed lands and districts that has no international laws or governing authority. They can be similar to the "Bir Tawil Territory" between Egypt and Sudan, "The Kingdom of Encalva" between Slovenia and Croatia, and "Liberland" in between Serbia and Croatia, which Temporary Nations will claim and to take control over. We will also work with China, Russia, and possibly the IMF, World Bank, UN, and UNHCR in the future, as well as with several highly experienced international philanthropists and NGOs. The goal is to give comfort and support to the people."