Public records show a hedge fund that, according to its website, is “a global investor in companies and assets that ensure water quality and supply” paid $100 million for land in La Paz County in July. AZPM found records for purchases totaling 12,753.81 acres. The land was previously owned by a company out of North Carolina, which bought at least some of it from the City of Phoenix. The land encompasses a large portion of the unincorporated community of Wenden and sits in the McMullen Valley. Officials in La Paz County told AZPM they fear that such deals could result in groundwater being pumped and sent to other communities. The aquifer under the land is designated as a transfer basin, meaning water can be pumped from there and sent to other places in the state.