Saturday, 28 March 2015
Last updated 5 hours ago
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.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…