Hedge Funds

Hedge funds finance inauguration bash

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Hedge fund managers have been big supporters of Barack Obama since he launched his presidential bid, so it's no surprise that several forked over big bucks to help pay for the historic inauguration festivities.


David Shaw

David Shaw and George Soros were among those to donate $50,000, the maximum allowed per individual, to defray the $150 million cost of the party (most of which went to provide security). Soros' family gave a total of $200,000. Other hedge fund heavyweights to donate included Frank Brosens of Taconic Capital Advisors, Lawrence Lebowitz of HBK Capital Management, and