Wall Street may favor Barrack Obama, but buyout pros are firmly behind former colleague Mitt Romney.
The ex-Bain Capital chief raised approximately $257,525 from buyout pros in Q1 2007, according to data compiled by peHUB.com (LBO_Donors.xls). This compares to just $85,350 for Obama, $47,900 for Hillary Clinton, $47,900 for Rudy Giuliani and $41,450 for John McCain. Much farther back in the pack are Chris Dodd ($14,600), Bill Richardson ($9,900) and John Edwards ($7,400).
Individuals are permitted to donate up to $2,300 to a single candidate for a single election cycle, which could mean a total of $4,600 if evenly spit between the primary and general elections. Over half of Romney’s private equity donors have hit the $2,300 limit, while all but a small handful have committed at least $2,100. Only one Romney donor — Charles Hanemann of H.I.G. Capital — has donated $4,600.
Other $4,600 contributors include: Chris Santana and Michael Weinstock of Quadrangle Group (both to Giuliani); Bradford Freeman of Freeman Spogli & Co. (McCain); Brooke Coburn and Bruce Rosenbloom of The Carlyle Group (both Obama); and John Canning and Paul Finnegan of Madison Deaborn (both Obama).
This data was compiled from the Federal Election Commission’s disclosure database, and likely excludes certain donations made by smaller private equity investors, or by investors who did not identify their place of employment. I hope to soon compile a similar list of venture capitalists…