Private Equity and Hedge Fund Industries Pour Over $347 Million Into Midterms

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Private Equity and Hedge Fund Industries Pour Over $347 Million Into Midterms
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Senators Sinema, Manchin and Schumer are among the top recipients of private equity and investment industry money.

. He added that these politicians, like Sinema, have swung votes that have basically been saving the industry for decades.

The private equity industry has had a huge influence over both Republican and Democratic officeholders, especially in the last 15 to 20 years, according to Kosman. Affiliates of these firms have given’ research shows, with slightly higher contributions to Democrats.exempting private-equity-owned companies with under $1 billion in revenue from paying the 15% minimum corporate tax.

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