Investors in hedge funds and private equity are increasingly worried that their billionaire leaders, engaged in political donations, are distracted from managing portfolios effectively.
Ken Griffin, noted for his anti-Trump stance, has paradoxically become a significant donor to Republican causes, contributing over $75 million this election cycle.
While some political involvement by hedge fund managers appears self-serving, others like Paul Singer have used their wealth to support progressive issues like gay marriage.
The surge of billionaire political donations reflects a shift where personal interests often overshadow their business responsibilities, raising concerns among their investors.
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