Hedge Funds Politics & Regulation

Obama adds hedge fund bundlers


Mitt Romney may have more industry support, but plenty of investors are fundraising for his Democratic rival.

   Barack Obama (Photo: Bloomberg)
Not all hedge funders are switching to Team Romney. True, 70% of hedge fund employee money has gone to Republicans in the 2012 election cycle, up from 33% in 2008, according to the Center for Responsive Politics, and Mitt Romney's list of bundlers includes at least 31 industry names. But at least 25 people involved in hedge funds (including investors in them) are fundraising for Barack Obama, according to an analysis of names released by the campaign for the second quarter.

Several big new fundraisers and