Saturday, 27 December 2014
Last updated 2 days ago
Jan 21 2011 | 12:31pm ET
Last year, Kenneth Griffin's campaign contributions helped fuel the big Republican victories to humble President Barack Obama. Now, the Citadel Investment Group chief is doing all he can to make Obama's former right-hand man the next mayor of his hometown.
Griffin and his wife, Anne Dias-Griffin, donated at total of $200,000 to Rahm Emanuel's campaign to become the next mayor of Chicago. That contributed to an impressive haul of $10.6 million for Emanuel between his departure as White House chief of staff in October and the end of last year.
The Griffin donations are among the largest made to the Emanuel campaign. Among the other donors are major players in Chicago's business community, including the Chicago Mercantile Exchange, which gave $200,000, and Morningstar CEO Joe Mansueto.
Of course, the support of the alternative investments community—Griffin's wife is a hedge fund executive, as well, serving as managing partner of Aragon Global Management—is nothing new for Emanuel. As a congressman from Chicago before heading to the White House, Emanuel was the single-largest recipient of hedge fund and private equity campaign cash in Congress.
Current polls show Emanuel with a substantial lead over the other contenders for mayor of the Windy City.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.