by MATTHEW BOYLE 6 Feb 2017Washington, D.C.
Soros Fund Management, a former hedge fund that serves now as an investment management firm, was founded by progressive billionaire George Soros in 1969. It has risen to become one of the most profitable hedge funds in the industry. Employees of the firm are heavily involved in backing political candidates giving millions upon millions to groups that were supporting failed 2016 Democratic presidential nominee Hillary Rodham Clinton for the presidency.
But more importantly, perhaps, than the unsurprising giant lump sums of cash funneled into Democratic Party and Clinton coffers is the revelation thanks to the Center for Responsive Politics that employees of the Soros firm—now run by his son Robert Soros—pumped tens of thousands of dollars into the campaigns of top anti-Trump Republicans over the course of 2016.