Rich donors back marriage equality

Financial Times
|
July 25, 2012

A group of wealthy pro-Republican hedge fund managers is backing efforts to legalise marriage equality in four US states that will vote on the issue in November, as the party’s more socially liberal donors try to regain ground ceded to social conservatives.
The campaign to win same-sex ballots in Maine, Maryland, Minnesota and Washington has received financial support from Paul Singer, the hedge fund billionaire who is one of the party’s biggest donors, and Cliff Asness, the founder of AQR Capital Management.