Greenwich hedge fund mogul David Stemerman will pour another $10 million into his campaign for governor, he said Monday, bringing his total investment to roughly $13 million. Stemerman, a Republican, shuttered his hedge fund, Conatus Capital — which had roughly $1.6 billion in assets under management (down from a peak $3 billion in 2014) — to run his outsider campaign. “At a time when many business leaders downsized or left Connecticut to save their own money, I have decided to invest my own money to help save Connecticut,” Stemerman said in a statement.
from News https://www.ctpost.com/news/article/Stemerman-spends-10-million-more-on-campaign-for-13023587.php
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