{"id":43820,"date":"2014-09-03T08:14:37","date_gmt":"2014-09-03T12:14:37","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=43820"},"modified":"2014-09-03T08:28:51","modified_gmt":"2014-09-03T12:28:51","slug":"eric-cantor-joins-wall-street-boutique-investing-firm","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2014\/eric-cantor-joins-wall-street-boutique-investing-firm.html","title":{"rendered":"Eric Cantor Joins Donor&#8217;s Boutique Hedge Fund &#038; Private Equity Firm"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2014\/09\/alg-eric-cantor-dc-jpg-jpg.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright  wp-image-43829\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2014\/09\/alg-eric-cantor-dc-jpg-jpg.jpg\" alt=\"alg-eric-cantor-dc-jpg-jpg\" width=\"313\" height=\"233\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2014\/09\/alg-eric-cantor-dc-jpg-jpg.jpg 635w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2014\/09\/alg-eric-cantor-dc-jpg-jpg-300x223.jpg 300w\" sizes=\"auto, (max-width: 313px) 100vw, 313px\" \/><\/a>New York (HedgeCo.Net) &#8211; Former Republican politician Eric Cantor has joined Moelis &amp; Company as vice-chairman at a salary over $1 million a year, The Guardian reports. Moelis was a donor and political supporter of the former House majority leader from Virginia.<\/p>\n<p>Moelis &amp; Company\u2019s asset management business includes private equity firm Moelis Capital Partners and hedge fund Gracie Asset Management. In addition to these two asset management platforms, Moelis &amp; Company recently acquired Freeport Financial Partners LLC to expand its asset management business to provide capital solutions to middle market companies.<\/p>\n<p><a href=\"http:\/\/blogs.rollcall.com\/beltway-insiders\/before-hiring-moelis-ceo-donated-thousands-to-cantor\/?dcz=\" target=\"_blank\">Roll Call<\/a> reports: &#8220;Ken Moelis, chairman and CEO of Moelis &amp; Co., gave $5,000 to Cantor\u2019s leadership political action committee, Every Republican is Crucial, just 12 weeks before he reportedly opened talks with Cantor about joining the bank. Moelis also personally gave the maximum $5,200 in this election cycle to Cantor\u2019s campaign committee. Cantor\u2019s new gig as vice chairman and managing director for the bank will earn him $400,000 this year, with a $400,000 signing bonus and $1 million worth of stock.&#8221;<\/p>\n<p><a href=\"http:\/\/www.theguardian.com\/business\/2014\/sep\/02\/eric-cantor-wall-street-revolving-door-moelis\" target=\"_blank\">The Guardian<\/a> says: &#8220;Cantor\u2019s banking-friendly stance appears to have been a reason for his hiring, according to a statement from CEO Ken Moelis: \u201cEric has proven himself to be a pro-business advocate and one who will enhance our boardroom discussions with CEOs and senior management as we help them navigate their most important strategic decisions.\u201d&#8221;<\/p>\n<p><span style=\"color: #000000;\">Alex Akesson<\/span><br style=\"color: #000000;\" \/><span style=\"color: #000000;\">For\u00a0<\/span><a style=\"color: #743399;\" title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a><br style=\"color: #000000;\" \/><a style=\"color: #743399;\" href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br style=\"color: #000000;\" \/><a style=\"color: #743399;\" title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.Net<\/a><span style=\"color: #000000;\">\u00a0is a premier\u00a0<\/span><a style=\"color: #743399;\" title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\/\">hedge fund database<\/a><span style=\"color: #000000;\">\u00a0and community for qualified and accredited investors only. Membership in\u00a0<\/span><a style=\"color: #743399;\" title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a><span style=\"color: #000000;\">\u00a0is FREE and EASY. We also offer FREE LISTINGS for\u00a0<\/span><a style=\"color: #743399;\" title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">Hedge Funds<\/a><span style=\"color: #000000;\">!<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; Former Republican politician Eric Cantor has joined Moelis &amp; Company as vice-chairman at a salary over $1 million a year, The Guardian reports. Moelis was a donor and political supporter of the former House majority leader [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16044,3],"tags":[],"class_list":["post-43820","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-strategies-2","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/43820","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=43820"}],"version-history":[{"count":7,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/43820\/revisions"}],"predecessor-version":[{"id":43832,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/43820\/revisions\/43832"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=43820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=43820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=43820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}