Meet the billnaire hedge fund manager quietly shapg the GOP gay marriage bate - The Washgton Post

Contents:

• THE HEDGE FUND MANAGERS WHO PHED FOR GAY MARRIAGE
• GAY-FOCED HEDGE FUND INTRODUCED BY FORMER GOLDMAN SACHS MANAGERS
• MEET THE BILLNAIRE HEDGE FUND MANAGER QUIETLY SHAPG THE GOP GAY MARRIAGE BATE

THE HEDGE FUND MANAGERS WHO PHED FOR GAY MARRIAGE

Dan Loeb of Third Pot, Pl Sger of Elltt Management, Steve Cohen of Pot72 Asset Management and Cliff Asns of AQR Capal Management are among the proment hedge fund managers who have worked recent years support of gay marriage even as they disapproved of Print Barack Obama and Democrats. Skip to Ma ContentGay-Foced Hedge Fund Goldman Alumni LnchGalileo Partners has lnched a hedge fund foced on the LGBT (lbian, gay, bisexual and transgenr) muny. Sger, who over the years has ed his wealth to spur Republins to support gay marriage laws.

Now, Sger is expandg his reach wh the creatn of an advocy group which aims to spend lns fluencg the legislative bate over same-sex marriage across the, the 68-year-old founr of Elltt Management Corporatn, is not a newer to the polil battle over gay rights. He axed Republin state senators New York to back a same-sex marriage law 2011, offerg fancial ver agast backlash stemmg om their vot, helpg raise six figur for each of public si of the tra-party bate over gay marriage was visible when Sens.

And when the Republin Natnal Commtee recently reaffirmed s opposn to gay marriage, also was pla to the scen, donors are fluencg the bate more quietly. His son is gay, and got married Massachetts, somethg Sger mentned a 2010 speech at a fundraiser for the Amerin Foundatn for Equal started Amerin Uny PAC 2012, fg the operatn wh a big early donatn.

GAY-FOCED HEDGE FUND INTRODUCED BY FORMER GOLDMAN SACHS MANAGERS

The group had limed succs, backg more losg ndidat that wng so, the creatn of the PAC offered a new fancial vsel for donors lookg to protect Republins iendly to gay rights, servg as a untermeasure to anti-gay marriage groups like the Natnal Organizatn For Marriage. It recently found succs Rho Island, which on Thursday beme the 10th state to legalize gay marriage. The group nvced state senate Republins to support gay marriage there and is also tryg to w over Republin lawmakers Mnota, where there is a legislative effort to legalize same-sex ’s a “sentiment among leadg center-right donors that is important to make a pellg and hont se wh why the eedom to marry is nsistent wh nservative valu, ” said Amerin Uny Fund spokman Jeff has also donated big money over the years to other Republin and ndidat.

He believ supportg gay marriage is wholly nsistent wh nservatism. One need look no further than Portman’s announcement that he supports gay marriage.

Acrdg to a recent Washgton Post-ABC News survey, even as the percentage of Republins who say gay marriage should not be legal has dropped sce 2004, most still oppose Sger, ’s a project that advanc crements.

MEET THE BILLNAIRE HEDGE FUND MANAGER QUIETLY SHAPG THE GOP GAY MARRIAGE BATE

He said he believ that evince the stat where gay marriage is legal should help nvce more nservativ to support .