The firm created by Andre Agassi with investors plans to an additional $1 billion to build new charters in urban districts.

Investors say the offer is appealing because of the returns.

Agassi formed a new investment partnership with capital investor Bobby Turner called Turner-Agassi.

It has already built 39 charters.

“Among the Turner-Agassi fund’s investors is the Ewing Marion Kauffman Foundation, which is focused on education and entrepreneurship and has about $2 billion under management. The Kansas City, Missouri-based foundation’s main reason for backing the fund was its “potential for future investment returns,” Chief Investment Officer Mary McLean said in an e-mail.”

Read the story and see if you can find a single reference to education in any context other than a chance to make money.