Nikki Haley heads to fundraiser hosted by Wall Street executives

Nikki Haley heads to fundraiser hosted by Wall Street executives


Stand for The united states PAC and Nikki Haley, the former two-expression conservative governor of South Carolina and previous U.S. ambassador to the UN, delivers a special announcement on her vision for a solid and very pleased The us in Charleston SC, United States on February 15, 2023.

Peter Zay | Anadolu Agency | Getty Photos

Nikki Haley, a Republican who jumped into the 2024 presidential race this thirty day period, is set to go to a fundraising event for her marketing campaign hosted by Wall Street executives in New York on Tuesday, in accordance to an invitation initial reviewed by CNBC.

The hosts for the fundraiser contain Joseph Konzelmann, a husband or wife at private equity giant TPG Gautam Chawla, a vice chair at financial behemoth Barclays and Evan Baehr, who operates a undertaking capital company headquartered in Austin, Texas, in accordance to the invitation. Tickets for the occasion charge between $3,300 and $6,600.

The Federal Election Fee just lately set new highest contribution boundaries that donors can give to campaigns. They can contribute up to $3,300 in both of those the most important and standard elections, or $6,600 that can be break up between the two election seasons.

The Tuesday fundraiser for Haley’s marketing campaign is 1 of her very first trips to New York as a applicant for president. The previous South Carolina governor aims to amass economical support as she moves to just take on former President Donald Trump, and various other prospective large-profile rivals, in the 2024 GOP major.

Early morning Consult’s GOP principal tracker reveals Haley has 6% of assistance from opportunity Republican voters. Former President Donald Trump garners assist from about 50% of GOP primary voters, in accordance to Morning Seek the advice of.

Haley was the Trump administration’s ambassador to the United Nations.

Haley’s marketing campaign will launch its comprehensive fundraising information at the conclude of the first quarter, offering a glimpse into who supported her presidential bid early. But she is no stranger to support from the finance market, according to data from the nonpartisan OpenSecrets.

Her PAC, Stand for The usa, has acquired contributions from the likes of hedge fund Elliott Management’s founder Paul Singer and James Haskel, a senior portfolio strategist at the enormous financial commitment company Bridgewater Associates.

Finance executives have played essential fundraising roles for political strategies of equally events for nicely over a decade. Folks employed in the securities and expenditure business contributed far more than $74 million to President Joe Biden’s effective 2020 marketing campaign.

New York itself is a worthwhile looking ground for candidates to elevate marketing campaign money. Above $610 million in campaign donations arrived from the Empire State through the 2022 election cycle, as just over 71% of it went to Democrats and about 23% to Republicans, according to OpenSecrets.

The invitation to the Haley fundraiser claims the accumulating will acquire area in Tribeca, a little neighborhood in Manhattan about a mile away from Wall Road that has traditionally been regarded a person of the most expensive ZIP codes in New York Metropolis. It does not consist of the precise place of the fundraising celebration.

When contacted by CNBC and requested why he was co-hosting and how the party was organized, Chawla did not deny he was a co-host. He stated about the cellphone, “No, I am not heading to converse to you, but many thanks for contacting.”

A representative for TPG declined to remark. A representative for Baehr did not return a ask for for comment.

A spokeswoman for Haley’s campaign did not return a ask for for comment on further more aspects about the former South Carolina governor’s excursion to New York.

Konzelmann has previously supported Haley. He donated $5,000 to her PAC, Stand for The usa, very last year, in accordance to a Federal Election Fee submitting.

Baehr has not donated to Haley’s PAC. He beforehand contributed to the strategies of GOP congressional candidates these kinds of as Sen. J.D. Vance, R-Ohio.

Chawla has created only a few donations to political campaigns, and all have absent to Democrats, according to OpenSecrets. He gave $2,500 to former New York Metropolis mayoral applicant Ray McGuire, and $250 to previous Delaware Gov. Gina Raimondo’s campaign right before she became Biden’s Commerce Secretary.



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