Former tennis star part of effort to build charter schools

From The Los Angeles Times: Former tennis star Andre Agassi has joined with Los Angeles bankers to create a for-profit investment fund to back construction of as much as $750 million worth of charter schools in urban communities across the nation. 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. The Canyon‐Agassi Charter School Facilities Fund's first school is scheduled to open in August in Philadelphia. Since retiring from professional tennis, Agassi has made education a focus. He operates the Andre Agassi Foundation for Education and the Andre Agassi College Preparatory Academy, a charter school in Las Vegas.