Thursday, 28 August 2014
Last updated 5 hours 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.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...