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

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…