While GOP Opposes Marriage Equality, Key Donors Fund The Other Side
Billionaire hedge fund manager Paul E. Singer is one of the Republican Party’s most important money men, raising millions for presidential candidate Mitt Romney and giving even more to a super PAC supporting his campaign.
But Singer is also a longtime backer of marriage rights for gay men and lesbians, putting him in stark conflict with Romney and the Republican establishment.
The contrast underscores a growing rift between the main Republican Party — which reiterated its support this week for a constitutional amendment banning gay marriage — and a small group of conservative donors who view the issue as a matter of individual civil liberties.
Singer has given $1 million this year to Freedom to Marry, a national bipartisan advocacy group focused on winning state ballot measures on marriage in Maine, Minnesota and Washington. The group plans to spend at least $3 million on its efforts.
Singer, founder of the $20 billion Elliott Management fund, also gave $1 million in start-up money to American Unity PAC, a new super PAC focused on supporting Republican congressional candidates who favor marriage equality.