Rudy Rakes In Hedge Fund Dough

Feb 1 2007 | 1:37pm ET

Should we be paying attention?

Hedge funds were one of the first to jump on the Democratic bandwagon, giving millions to the parties’ candidates and campaign committees in their successful bid to retake both house of Congress. Now, some very big names in the industry are jumping on another bandwagon: former New York City Mayor Rudolph Giuliani’s 2008 bid for president. The New York Times reports, based on data from PoliticalMoneyLine.com, that BP Capital’s T. Boone Pickens and Tudor Investment Corp.’s Paul Tudor Jones have eached plunked $2,100 into Giuliani’s exploratory committee.

 In addition, Dallas-based BP Capital employees have given some $18,900 to the committee, and Elliot Associates, founded by Giuliani fundraiser Paul Singer, is doing its part, as well, with employees giving $14,700.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of