Renaissance Technologies, a hedge fund founded by billionaire James Simons, donated over $13 million to Sen. Ted Cruz’s failed presidential campaign, through President Bob Mercer. For a guy who’s supposed to be pretty smart with his money, the ROI on that one has got to sting. Nevertheless, now that Mr. Cruz is out of the race, Mr. Simons’ Rennaissance Technologies has begun pouring millions of dollars into Hillary Clinton‘s campaign, as the hedge fund has donated over $2 million to Ms. Clinton so far this election cycle. Euclidean Capital—also owned by Mr. Simons—has given the Clinton campaign over $7 million in contributions, and the figures are likely to increase…
Read the full story at Observer, by
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.
READ MORE: James Simons
![James-Simons, Bill Ackman , Israel Englander](https://jewishbusinessnews.com/wp-content/uploads/2015/05/James-Simons-Bill-Ackman-Israel-Englander-205x120.jpg)
The top 25 hedge fund managers earned $11.6 billion in compensation in 2014, an average of $400 million each, even as hedge funds overall posted a mediocre year. A survey by trade publisher Institutional Investor’s More…
![James Simons. A conversation with Billionaire Mathematician](https://jewishbusinessnews.com/wp-content/uploads/2016/01/James-Simons.-A-conversation-with-Billionaire-Mathematician-205x120.png)
James Harris “Jim” Simons (born 1938) is an American mathematician, hedge fund manager, and philanthropist. He is a code breaker and studies pattern recognition. Simons is the co-inventor – with Shiing-Shen More…
![](https://s3.amazonaws.com/media.jewishbusinessnews.com/2021/06/08195152/logo-full.png)