Friday, 27 March 2015
Last updated 3 hours ago
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.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…