Why does anyone invest in hedge funds? - Quora
After donating across the political spectrum before the 2016 election, Moore Capital Management founder Louis Moore Bacon put his personal fortune to work for Democrats in 2018. The hedge fund founder gave $1. 75 million to primarily Democrats and left-leaning PACs. In 2016, he backed several Republican senators up for re-election like Pennsylvania Sen. Pat Toomey and North Carolina Sen. Richard Burr. He also gave, in 2016, to Colorado Sen. Michael Bennet, who is a part of the deep field of Democrats running for president in 2020. 14. Stephen Mandel Lone Pine founder Stephen Mandel gave to Democrats in 2018. Stephen Mandel, a disciple of Julian Robertson who stepped back from running Lone Pine Capital at the beginning of the year, gave money to back Democrats in 2018. In total, Mandel gave $1. 4 million. His past donations imply that education is one of his biggest focuses. His foundation has backed charter school expansion in Connecticut, and Mandel has sat on the board of Teach For America.
4 billion Fund: Point72 Asset Management (formerly SAC Capital) Rank: 76 Net-worth: $US14 billion Age: 76 Fund: Renaissance Technologies (he retired) Rank: 60 Net-worth: $US15. 4 billion Age: 65 Fund: Bridgewater Associates Rank: 29 Net-worth: $US24. 2 billion Age: 84 Fund: Soros Fund Management Business Insider Emails & Alerts Site highlights each day to your inbox. Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.