Saturday, 20 December 2014
Last updated 13 hours ago
May 29 2012 | 1:29pm ET by Deirdre Brennan
Wall Street, which four years ago gave President Barack Obama almost twice as much as it did his Republican rival, Sen. John McCain, has to date given $8.5 million to Mitt Romney's campaign to unseat the president this time around. By contrast, Obama himself has received just $3 million from financial industry donors.
Romney's so-called Super PAC, Restore Our Future, has raised $43.2 million—and at least $13.5 million of that total has come from people or organizations tied to the alternative investments industry. Some of the biggest names in hedge funds have given the group at least $1 million, including Julian Robertson, Paul Singer, John Paulson and Renaissance Technologies co-CEO Robert Mercer.
Starting tomorrow, we are taking an in-depth look at these and other hedge fund managers, private equity executives and their less glamorous but equally powerful Wall Street counterparts. We’ve sifted though tax returns, financial disclosure documents and donor lists to discover who is supporting Romney and who is backing Obama—why, and for how much.
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.