{"id":40836,"date":"2014-02-26T07:29:30","date_gmt":"2014-02-26T12:29:30","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=40836"},"modified":"2014-02-26T07:55:55","modified_gmt":"2014-02-26T12:55:55","slug":"republican-hedge-fund-manager-backs-gay-marriage","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2014\/republican-hedge-fund-manager-backs-gay-marriage.html","title":{"rendered":"Republican Hedge Fund Manager Backs Gay Marriage"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2014\/02\/marriage-equality1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-40844\" alt=\"marriage-equality\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2014\/02\/marriage-equality1-266x300.jpg\" width=\"266\" height=\"300\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2014\/02\/marriage-equality1-266x300.jpg 266w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2014\/02\/marriage-equality1.jpg 371w\" sizes=\"auto, (max-width: 266px) 100vw, 266px\" \/><\/a>New York (HedgeCo.Net) &#8211; \u00a0Paul Singer, the founder and CEO of hedge fund Elliott Management, presented awards to Ted Olson and David Boies,\u00a0the two lawyers that\u00a0won the Claifornia Supreme Court case challenging Proposition\u00a08.<\/p>\n<p>&#8220;The building block of every community is family,&#8221; the hedge fund founder said at the\u00a0Citizens Committee for New York City\u00a0on Monday. &#8220;Securing for gays and lesbians the basic right to have their relationships and families recognized as part of a community makes all of our communities stronger.&#8221;<\/p>\n<p>Singer provided $1 million to start a PAC in 2012 named American Unity PAC. According to the\u00a0<i>New York Times<\/i>, the PAC&#8217;s &#8220;sole mission will be to encourage Republican candidates to support same-sex marriage, in part by helping them to feel financially shielded from any blowback from well-funded groups that oppose it.&#8221;<\/p>\n<p>&#8220;Singer\u2019s passion for the cause stems in part from the experiences of his gay son and son-in-law, who were wed in Massachusetts, the first U.S. state to legalize same-sex marriage.&#8221; Reuters reports, &#8220;(He)\u00a0worked on legalizing same-sex marriage in New York state and created a political action committee to back the campaigns of Republicans who support marriage equality.&#8221;<\/p>\n<p>The hedge fund magnate was also the top Republican donor in 2013, giving\u00a0$1.25 million to the Republican Governors Association<strong>,<\/strong>\u00a0which took in $27 million.<\/p>\n<p>Update: (<a href=\"http:\/\/voices.suntimes.com\/import\/chicago\/update-hedge-fund-giant-paul-singer-puts-85k-toward-backing-pro-gay-marriage-gop-members\/\" target=\"_blank\">via Voices<\/a>) State records show that Singer also put $85,000 into\u00a0The Illinois Unity PAC\u00a0\u00a0which backs House Representatives Ron Sandack and Ed Sullivan, both men are Republicans who voted in favor of same sex marriage.<\/p>\n<p>Alex Akesson<br \/>\nEditor for\u00a0<a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.Net<\/a>\u00a0is a premier\u00a0<a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\/\">hedge fund database<\/a>\u00a0and community for qualified and accredited investors only. Membership in\u00a0<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a>\u00a0is FREE and EASY. We also offer FREE LISTINGS for\u00a0<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; \u00a0Paul Singer, the founder and CEO of hedge fund Elliott Management, presented awards to Ted Olson and David Boies,\u00a0the two lawyers that\u00a0won the Claifornia Supreme Court case challenging Proposition\u00a08. &#8220;The building block of every community is [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,3],"tags":[],"class_list":["post-40836","post","type-post","status-publish","format-standard","hentry","category-activist-funds","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=40836"}],"version-history":[{"count":11,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40836\/revisions"}],"predecessor-version":[{"id":40854,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40836\/revisions\/40854"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=40836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=40836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=40836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}