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Hedge funds top list of Obama boosters


Not everyone has jumped to the Romney campaign.

Has the hedge fund industry really abandoned Barack Obama? Clearly, the industry’s 2008 honeymoon period with the President is over, but Obama’s recently released list of top fundraisers, better known as bundlers, includes many names from hedge funds and funds of funds.

The largest supporters as of the third quarter of 2011 include David Shaw, founder of D. E. Shaw & Co. and Orin Kramer of Boston Provident.

Big name former supporters like Dan Loeb of Third Point and Ken Griffin of Citadel have publically criticized the President, while others, including Paul Singer of Elliott Management