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Hedge Fund Manager Pledges $275 Million For Veterans’ Health Care

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Christian Datoc Senior White House Correspondent
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Billionaire hedge fund manager Steve Cohen has pledged $275 million to provide free mental health care for U.S. military veterans.

In a Tuesday press release, Cohen announced that his Cohen Veterans Network will use the money to construct 20-25 national clinics, with the sole purpose of servicing our nation’s finest.

“The wounds of war are serious. It is not easy to serve your country in combat overseas and then come back into society seamlessly, especially if you are suffering,” he wrote in a statement. “These men and women have paid an incredible price and it’s important that this country pays back that debt.”

CVN will act as a “network to provide veterans with a real choice as they transition home,” Cohen continued. “We are offering free, confidential mental health care, with no wait times, not only to veterans but to their family members as well.”

“We will treat anyone who served in the U.S. Armed Forces during the war on terror. If you wore the uniform, and you need help, you are welcome at Cohen Veterans Network — period.”

Business Insider reports Cohen has pledged an additional $30 million to CVN’s sister organization, Cohen Veterans Bioscience.

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