In partnership with a government fund initiated by Barack Obama, philanthropist and billionaire activist George Soros is investing in a private equity company that just launched in the Palestinian territories.

The company, Siraj Fund Management Company, says it was created “for the sole purpose of managing investment funds in Palestine.”

The new company’s website repeatedly refers to what it calls the “country” of “Palestine.” There is, however, no such country as Palestine. Siraj is apparently referring to territories controlled by the Palestinian Authority.

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