Andre Agassi Charter Schools

Andre Agassi was a great tennis star and continues to be a celebrity.  Lately, he is an education investor.

Agassi may have good intentions.  He may be trying to help a distressed and poverty riddled community in Las Vegas.  Philanthropy and schools mixed with a dash of banker on the side.  It’s likely that his charter activities are making himself and his friends rich.

http://www.agassifoundation.org/andre-agassi-blog/

Agassi provides up-front money.  He uses his connections to fund raise.  And he has managed to create a template for charters.  In fact, he is joining other sports heroes in the charter school reform movement (Magic Johnson and Deion Sanders).

http://www.agassiprep.org/

Agassi has been so “successful” — he is attracting big money investors to expand his charter creating operation.

http://articles.latimes.com/2011/jun/02/business/la-fi-agassi-fund-20110602

Former tennis star Andre Agassi has joined with Los Angeles bankers to create an unusual for-profit investment fund for construction of as much as $750 million worth of charter schools in urban communities across the country.

The goal of the fund is to develop 75 schools serving 40,000 students over the next three or four years while earning a financial return for investors, which include Citigroup Inc. and Intel Corp.

So what makes Andre Agassi the tennis star and investor bankers and real-estate brokers experts in education?  Good question.  Just ask them – they will tell you.

http://www.huffingtonpost.com/2011/06/02/andre-agassi-charter-schools_n_870670.html

Charter schools have become a new investment fad. More →