Politics & Regulation

Seth Klarman boosts Cory Booker for Senate

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The Baupost founder is one of several hedge fund managers hoping for a Cory Booker win in New Jersey today.

 Cory Booker
 Corey Booker at the 2012 Democratic National Convention.
(Photo: Bloomberg)

Baupost Group founder Seth Klarman lives and works in Massachusetts, but he's a lead financial supporter of Cory Booker's bid to represent New Jersey in the U.S. Senate.

Klarman gave $100,000 on July 24 to The Mobilization Project, a super political action committee that supports Booker, currently the Democratic mayor of Newark. The primary election is today, and Booker is the favorite.

The new disclosure is not Klarman's first donation to boost Booker. In May, he hosted a luncheon fundraiser for