Roll Call: Latest News on Capitol Hill, Congress, Politics and Elections
September 22, 2014

Blackstone Group Executives Give Cantor $51K

cantor 046 020312 445x295 Blackstone Group Executives Give Cantor $51K

Executives of the Blackstone Group contributed $51,000 in June to the majority leader of the House of Representatives.

Steve Schwarzman, chairman and CEO of the Blackstone Group LP, a global investment and advisory firm, led a group of company executives and some spouses in contributing a total of $51,000 during June to Cantor for Congress, the campaign committee of Rep. Eric Cantor, R-Va.  Schwarzman gave $5,200 and his spouse Christine gave $5,200. The Blackstone Group LP is based in New York City and specializes in private equity, hedge fund investments, financial services and mergers and acquisitions.

Others giving included: Wayne Berman, senior adviser, $5,200; Janet Berman, homemaker, $5,200; Prakash Melwani, $5,200 Gregory Geilling, $2,500; Akhil Gupta, $2,500; Nicholas Leone, $2,500; Laurence Nath, $2,500; Neil Simpkins, $2,500; William Stein, $2,500; Stephen Sullens, $2,500; Michael Casey, $2,500; George Fox, $2,500; and Joseph Baratta, $2,500. Almost all contributions were received on June 24.

Cantor for Congress reported receipts of $1,139,154 and disbursements of $627,210, leaving cash on hand of $2,045,887. The committee received $472,600 from PACs and other committees, $432,950 from individuals, and $229,013 transferred in from the Cantor Victory Fund, a joint fundraising committee.

The Blackstone Group does not have a federal PAC. They paid Capitol Counsel LLC $150,000 to lobby during the first quarter of 2013 on “Issues related to the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act; private equity, derivatives legislation, energy issues, SEC/CFTC regulations, FDIC Financial Institution Regulatory issues, Place Agency Regulatory issues and regulatory reform; issues pertaining to business holdings; issues related to tax reform initiatives; and the taxation of carried interest and publicly traded partnership.”

They also paid Tompkins Strategies LLC $30,000 to lobby in the first quarter on “Issues related to private equity and the tax treatment of carried interest.”

  • hippie1367

    Gee a bunch of unindicted co-conspirators donating to GOP filth, who would of guessed.

    • Roberto M

      That’s really an ironic observation given that the CEO of Blackstone was one of Obama’s biggest donors during the 2012 election cycle.

  • dectra

    As if I needed ANOTHER reason not to invest with Blackrock…..they back the worst politicians….

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