Singer's Cash Backs Same-Sex Marriage Push In Maine

Jul 26 2012 | 11:07am ET

Paul Singer isn't satisfied with having helped push through same-sex marriage in his home state of New York. The Elliott Management founder has now turned his attention, and vast resources, north.

Singer has given $150,000 to the Freedom to Marry PAC, which is working to build support for a November referendum to legalize same-sex marriage in Maine. Singer's gift, which came on roughly the one-year anniversary of New York's passage of a same-sex marriage law, accounts for more than half of the donations to the PAC.

Maine's legislature actually passed, and its then-governor signed, a same-sex marriage law in 2009. But Maine voters voided it in a referendum later that year. Should Mainers vote to allow same-sex marriage—polls show that support for the measure has grown to over 50%—it would be the first time that a state's voters approved same-sex marriage at the ballot box.

Singer, whose son is gay, has been a leading force in the push for same-sex marriage, despite his strong support for the Republican Party, which by-and-large opposes it. Indeed, Singer has raised millions for former Massachusetts Gov. Mitt Romney, the presumption G.O.P. nominee against President Barack Obama in November. Romney is a strong opponent of same-sex marriage.


In Depth

Q&A: Old Hill's Stone On Private Debt, P2P And Credit Bubbles

Jun 6 2017 | 7:52pm ET

While institutional capital continues to flow into the broader private debt sector...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 
Error

From the current issue of