Friday, July 29, 2016

Hedge-Fund Money: $48.5 Million for Hillary Clinton, $19,000 for Donald Trump

Owners and employees of hedge funds have made $122.7 million in campaign contributions this election cycle, according to the nonpartisan Center for Responsive Politics—more than twice what they gave in the entire 2012 cycle and nearly 14% of total money donated from all sources so far, reports WSJ.

At the presidential campaign level, between the two remaining candidates, almost all of it went to Hillary Clinton. She got $48.5 million. Donald Trump got $19,000.

The investment firms with the biggest donations by owners or employees in support of each candidate. (Figures include donations to campaigns as well as to outside groups backing the candidate.)

Hillary Clinton

Saban Capital Group: $10,036,238
Renaissance Technologies: $9,518,800
Pritzker Group: $7,873,257
Soros Fund Management: $7,873,257
Paloma Partners: $8,108,400

Donald Trump

Argyle Investment: $2,700
Teakwood Capital: $1,500
Tall Ship Capital: $1,000
Vann Investments: $1,000
James River Capital: $1,000

Source: Center for Responsive Politic via WSJ.

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