Garcia on the upswing
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Four hedge fund titans each give $500K to PAC for NYC mayoral candidate Eric Adams
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Four Hedge Fund Titans Each Give $500,000 to PAC for Adams Bloomberg 2 days ago Martin Z. Braun and Henry Goldman
(Bloomberg) Four big hedge fund managers contributed a total of $2 million to a political action committee supporting Brooklyn Borough President Eric Adams, who is leading in some polls for the Democratic primary for New York City mayor.
Billionaires Ken Griffin, Dan Loeb, Stanley Druckenmiller and Paul Tudor Jones donated to Strong Leadership NYC Inc., which spent about $1.2 million on a television ad for Adams, who is running on a tough-on-crime platform. The committee, which can spend unlimited amounts on the race as long as it’s not coordinating with the Adams campaign, was set up by Jenny Sedlis, the executive director of StudentsFirstNY, a group that backs charter schools.