Tuesday, 21 October 2014
Last updated 34 min ago
Jan 3 2011 | 4:22am ET
S. Donald Sussman doesn’t live in Maine, at least not full time. But the Paloma Partners founder has one of the loudest voices in the state’s politics through his checkbook.
Sussman was the largest donor to Maine political candidates and organizations last year, giving about $1.3 million. All of it went to Democrats of Democratic-leaning causes, including the reelection campaign of his fiancée, Rep. Chellie Pingree.
The Paloma chief resides primarily in Greenwich, Conn., where the hedge fund is based, but has a home in North Haven, Maine.
Sussman’s relationship with Pingree became a focus of Republican attacks against the congresswoman: Her trips on Sussman’s private jets became an issue. The two announced their engagement to quell the controversy.
Pingree’s political action committee received $10,000 from Sussman. The biggest beneficiaries of his largesse were gay rights group Equality Maine, the Maine Democratic State Committee and a PAC that battled a Republican plan to overturn a tax reform plan passed by the state’s Democrats.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
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