Mr. Wang said long-term investments, including direct investments, private equity, infrastructure and real estate, now account for more than half of the fund's global portfolio, with the rest in public-market securities.
Wang is basically asking Long Islanders to take a leap of faith, to put up the money and then cross their fingers that the new arena will revitalize the franchise and boost revenue substantially enough to pay them back.
"The market has been fixated on the Facebook IPO for so long, " Mr. Wang said.
"Pat LaFontaine had a great NHL career and does a lot for the Long Island community, " Wang said in a statement.
WSJ: NHL: New York Islanders Cut Pat LaFontaine Out of the Picture
"The number of collapsed buildings this time is less, and most are old houses that were built long before, " added Wang Ruheng, dean of the school of civil engineering and architecture at Southwest University of Science and Technology in the city of Mianyang, in Sichuan province.
Professor OLIVER WANG (Sociology, Cal State Long Beach): Yeah.
In a lab at Brookhaven National Laboratory on Long Island, Gene-Jack Wang is injecting overeaters with a radioactive sugar solution and putting them into a positron-emissions tomography machine to see how their brains react to food.
"In the U.S. we only have three UVA filters that can extend the range of the UVA protection to the long range, " said Steven Wang, director of Dermatologic Surgery and Dermatology at Memorial Sloan-Kettering Cancer Center in New Jersey.
Wang is an assistant professor of sociology at Cal State Long beach.
Wang comes from a background unusual among architects of his stature, having served a nearly decade-long hitch working with traditional craftsmen in the construction industry.
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