Democrats Get Millions From Hedge Fund Billionaires

May 11 2010 | 4:29pm ET

Despite Democratic-led efforts to impose stricter regulations on hedge funds, the industry’s top titans continue to give generously to the party.

The top 10 best-paid hedge fund managers in the U.S.—as identified by AR magazine—have given almost all of their campaign contributions to Democrats. Over their lifetimes, the top 10—which include such high-profile Democratic donors as George Soros—have given a total of $33 million to President Barack Obama’s party. They’ve given only $600,000 to Republicans, according to the National Republican Congressional Committee.

Democrats are also taking more from the financial services, insurance and real-estate industries than ever before. Over the past 20 years, Democrats got 45% and Republicans 55% of the $2.4 billion doled out by those industries. In the current campaign cycle, Democrats have nabbed 54% of the money.


In Depth

Q&A: Filippo Pignatti Morano On The Ultimate Alternative Investment...Classic Cars

Jan 29 2015 | 12:37pm ET

In 2011, Filippo Pignatti Morano launched a fund to invest in classic cars. FINalternatives...

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

Five Tips For Successfully Marketing Your Hedge Fund

Jan 30 2015 | 9:14am ET

When it comes to the hedge fund industry, the notion of “build it and it will...

 

Editor's Note