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Wealthy Cruz Donor’s Firm Pours Millions Into Clinton Campaign

Such a swift transition illuminates what we knew all along: Hillary will do anything to get elected

SX171_222E_9  James Simons BLOOMBERG

 

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 Michael Sainato

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READ MORE: James Simons

James-Simons,   Bill Ackman ,   Israel Englander

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

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…

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