Griffin Boosts Emanuel's Chicago Mayor Campaign

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.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


Hedge Funds Swarm Into Palm Beach

Oct 27 2016 | 2:32pm ET

As the first flakes of snow fall on New York's northern suburbs, Dan Weil of South...

Guest Contributor

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...