Friday, 27 February 2015
Last updated 45 min ago
Oct 18 2012 | 4:25am ET
Hedge funds and private equity funds made accounted for five of the top 10 donors to Republican Mitt Romney’s election campaign, according to federal disclosures filed Monday.
The list, compiled by Reuters, showed private equity giant Kohlberg Kravis Roberts in second place, having donated $986,400.
Paul Singer’s $19 billion hedge fund Elliott Management was in fourth place, with a donation of $812,750. Moreover, Singer has personally donated another $1 million to the Romney super PAC Restore the Future, as well as giving over $220,000 to 31 Republicans across the country.
The least surprising entry in the top-10 list has to be number five: Bain Capital, Romney’s own former firm, which has donated $810,660.
Seventh place went to private equity firm H.I.G. Capital (with a donation of $706,750) and ninth place to p.e. giant the Blackstone Group (with a donation of $465,779).
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…