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

FINtech Focus: Fundbase Aims To Revolutionize Access To Hedge Funds

Jan 23 2015 | 11:03am ET

Global investment in financial technology—also known as fintech—is booming....

Lifestyle

Is Steven Cohen Going to Buy the Brooklyn Nets?

Jan 19 2015 | 6:49am ET

Rumors that Steve Cohen was interested in the Brooklyn Nets emerged after Scott...

Guest Contributor

Investors Benefit From Evolution Of Fund Of Hedge Funds Model

Jan 22 2015 | 12:27pm ET

The evolution of the fund of hedge funds model over the last few years represents...

 

Editor's Note