Divided Loyalties Among Billionaire Mega-donors as Jim Simons is Going Blue

Sept. 5, 2012 - PRLog -- (September 3, 2012, New York) Donors who give a combined $100,000 to the super PACs backing Obama and Democratic congressional candidates get and six tickets to an intimate "Political Leaders Brunch" at the home of billionaire mega-donor Jim Simons featuring Sens. Harry Reid, Dick Durbin and Chuck Schumer, and Reps. Nancy Pelosi, Steny Hoyer and Steve Israel. Which other mega donors are opening their houses (and their checkbooks in this electoral season? Find out at Hedge Funds Leaders Forum 2012, "Getting Ready to Manage $5 Trillion by 2016" .

Simons, who has donated $1.5 million to Majority PAC and House Majority PAC, has yet to donate to the pro-Obama Priorities USA, according to the most recent public Federal Election Commission filings, and he did not return a phone call to his Manhattan office seeking comment.

Donors are also entitled to 50 tickets to a party on Thursday after Obama's acceptance speech featuring Alba and musical entertainment by the Miami rapper Pitbull and the New York pop band Scissor Sisters, plus 20 tickets to a "Cocktails and Political Briefing" featuring Paul Begala.

As reported by The Jersey Journal, Charlotte could be a pivotal moment for Democrats in the big money chase. Some top operatives view it as perhaps the last, best chance to try to motivate a big donor base that has thus far failed to embrace unlimited outside spending through super PACs and so-called 501(c)4 non-profit groups to the same extent as wealthy Republicans.

Conservative mega-donors have been showered with affection, including at last week's Republican National Convention in Tampa, from top party officials and surrogates to Mitt Romney. The GOP nominee has personally appeared at fundraisers for a supportive super PAC called Restore Our Future.

Meanwhile, on September 25 in New York, October 9 in Chicago and December 12 in London, hundreds of the most important players in alternative investments will gather for all-star agendas at Hedge Funds Leaders Forum 2012, "Getting Ready to Manage $5 Trillion by 2016". A virtual who’s who will soon follow as one legendary manager after another will take the stage. Billions of investable assets will be represented by influential local and international investors who will listen with rapt attention as star managers and analysts discuss and debate the biggest issues facing the industry today.

Hedge Funds Leaders Forum 2012, "Getting Ready to Manage $5 Trillion by 2016" will provide attendees in New York, Chicago and London with the most up-to-date review of where this ever-changing industry stands and how regulatory and alpha expectation s will impact it. Recognized managers, investors, experts, regulators, and strategists will return to Hedge Funds Leaders Forum 2012 to provide the information practitioners are looking for in an open and unbiased environment, highly conducive to the most efficient and effective networking.

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