All articles tagged with #fundraising
After liberal Chris Taylor defeated Maria Lazar by more than 20 points in Wisconsin’s state Supreme Court race, GOP insiders are pressing for chair Brian Schimming’s resignation, arguing the party’s fundraising and messaging lag behind Democrats as Wisconsin heads into crucial November elections and a potential 2028 presidential contest.
The Trump Library Foundation released renderings for a 2.63‑acre site in downtown Miami showing a towering Trump‑branded presidential library with White House‑inspired design cues, including a replica Oval Office and a large atrium displaying aircraft such as a Boeing 747 gifted by Qatar; the project sits on land donated by Miami Dade College and Gov. Ron DeSantis, and is aiming to raise roughly $1 billion, partly funded by settlements from media lawsuits.
Blackstone has closed a record $6.3 billion life sciences investment fund, the largest ever for a private fund in the sector, underscoring strong investor demand for biotech opportunities.
Bruce Blakeman trails Gov. Kathy Hochul by double digits as fundraising gaps, a late campaign start, and ties to Trump complicate the NY GOP’s bid to replicate Zeldin’s near-win; Democrats have launched a seven-figure ad campaign and seek to deny public matching funds, while Hochul builds a robust campaign infrastructure in a deeply blue state.
Ares Management capped redemptions from its $10.7bn Ares Strategic Income Fund at 5% for the quarter after receiving $1.2bn in redemption requests in Q1 and fulfilling about $524m, as private credit funds face rising withdrawals even as new commitments and liquidity persist.
Trump barred news outlets from witnessing the dignified transfer of six service members killed in his Iran war, while later posting images of the moment on social media; the families reportedly did not want press coverage, drawing criticism that he used a solemn event for fundraising, though he defended the posts and the family’s authorization for official photography.
A Ring camera video of a 78-year-old DoorDash driver named Richard delivering to a Tennessee home went viral, prompting the homeowner to tip him $200 and launch a GoFundMe that has raised nearly $1 million in five days for him and his wife. Richard, who returned to delivering food after retirement to help with finances, plans to continue delivering but at a slower pace as community generosity supports them.
A Florida newlywed on his honeymoon was bitten by a cottonmouth, triggering stage-four pulmonary fibrosis that leaves him reliant on a breathing machine and facing the possibility of a double lung transplant, with insurance not covering the procedure and the couple seeking financial support.
Trump's Never Surrender Inc. PAC sent a fundraising email offering 'private national security briefings' and a spot on a 'National Security Briefing Membership,' using a black-and-white photo from the dignified transfer of U.S. troops killed in Kuwait. The email links to a donation page and frames the offer around national security, border and other issues, prompting questions from experts about the legality and ethics of using military imagery for partisan fundraising; officials from the White House and Pentagon did not comment.
U.S. Rep. Raja Krishnamoorthi has emerged as the dominant fundraiser in Illinois’ Senate race, amassing about $30.5 million since 2025 and drawing scrutiny over donor sources—including ties to Palantir executives and Hindu-nationalist-linked contributors—while outside PAC money and support shift the race’s dynamics ahead of the March primary; former staffers describe a grueling fundraising culture, even as Krishnamoorthi emphasizes broad, diverse support and insists he will represent all Illinoisans.
The Metropolitan Opera is in a deep financial crisis, depleting its endowment by a third, and is pursuing cash infusions from Saudi Arabia and even Elon Musk, exploring unconventional ideas such as a Tosca on Mars.
Ohio Senator Bernie Moreno is weighing a bid to lead the Senate GOP’s campaign arm for the 2028 cycle. While he hasn’t announced, multiple GOP lawmakers say he’s discussed the role, and insiders expect he would likely win if he runs, given his fundraising prowess and broad network, including ties to the White House and former President Trump. Potential competition could come from Pete Ricketts, but Moreno’s momentum appears strong. The live updates also include coverage of Hillary Clinton’s deposition in the Epstein probe and related Oversight Committee dynamics.
Bain's 2026 Global Private Equity Report shows 2025 was a rebound year driven by megadeals and an M&A-fueled surge in exits, pushing deal value to $904B and exit value to $717B—the second-best on record—while liquidity remains uneven as distributions lag and dry powder sits near $1.3 trillion. The industry is maturing into a hyper-competitive regime where scale, repeatable value creation, and sophisticated investor relations matter more than ever. LPs remain patient but constrained by undrawn commitments, pressuring GPs to deliver top-quartile returns and a clear, differentiated strategy. Continuation vehicles are growing as a liquidity tool but still account for less than 10% of exit value, and a broad rebound will depend on faster exits and improved DPI across vintages. In 2026, easing rates, a robust deal pipeline, and strength in public markets should support more activity, though high multiples and a higher bar for value creation persist.
A 56-year-old UK resident, Manjit Sangha, developed a rapid, life-threatening septic shock—possibly after a dog lick—that led to coma and the removal of her spleen and all four limbs. After 32 weeks in hospital, she was discharged home and is pursuing prosthetics; a GoFundMe has raised about £34,000 (~$45,000) to support her recovery and return to work.
A GoFundMe fundraiser titled “In the Honor of Eric Dane” to support the actor’s teenage daughters is under review by GoFundMe’s Trust and Safety team, who are verifying the organizers and whether proceeds will benefit the family. Funds are being held during the review. About 2,700 donors have contributed nearly $300,000 toward a $500,000 goal. The page lists the organizer as “Friends of the Dane Family” with no named beneficiary, raising questions about who will receive the money. Dane’s family has not publicly commented, while notable donors include Sam Levinson and others.