Stand for America PAC and Nikki Haley, the previous two-term conservative governor of South Carolina and former U.S. ambassador to the UN, delivers a special announcement on her vision for a robust and proud America in Charleston SC, United States on February 15, 2023.
Peter Zay | Anadolu Agency | Getty Images
Nikki Haley, a Republican who jumped into the 2024 presidential race this month, is ready to attend a fundraising event for her campaign hosted by Wall Street executives in Recent York on Tuesday, in line with an invite first reviewed by CNBC.
The hosts for the fundraiser include Joseph Konzelmann, a partner at private equity giant TPG; Gautam Chawla, a vice chair at financial behemoth Barclays; and Evan Baehr, who runs a enterprise capital firm headquartered in Austin, Texas, in line with the invitation. Tickets for the event range between $3,300 and $6,600.
The Federal Election Commission recently set recent maximum contribution limits that donors may give to campaigns. They’ll contribute as much as $3,300 in each the first and general elections, or $6,600 that may be split between the 2 election seasons.
The Tuesday fundraiser for Haley’s campaign is one in every of her first trips to Recent York as a candidate for president. The previous South Carolina governor goals to amass financial support as she moves to tackle former President Donald Trump, and multiple other potential high-profile rivals, within the 2024 GOP primary.
Morning Seek the advice of’s GOP primary tracker shows Haley has 6% of support from potential Republican voters. Former President Donald Trump garners support from about 50% of GOP primary voters, in line with Morning Seek the advice of.
Haley was the Trump administration’s ambassador to the United Nations.
Haley’s campaign will release its full fundraising data at the top of the primary quarter, offering a glimpse into who supported her presidential bid early. But she is not any stranger to support from the finance industry, in line with data from the nonpartisan OpenSecrets.
Her PAC, Stand for America, has received contributions from the likes of hedge fund Elliott Management’s founder Paul Singer and James Haskel, a senior portfolio strategist at the large investment firm Bridgewater Associates.
Finance executives have played key fundraising roles for political campaigns of each parties for well over a decade. People employed within the securities and investment industry contributed greater than $74 million to President Joe Biden’s successful 2020 campaign.
Recent York itself is a lucrative hunting ground for candidates to boost campaign money. Over $610 million in campaign donations got here from the Empire State in the course of the 2022 election cycle — with over 71% of it going to Democrats and over 23% to Republicans, in line with OpenSecrets.
The invitation to the Haley fundraiser said the gathering will happen in Tribeca, a small neighborhood in Manhattan a few mile away from Wall Street that has historically been considered one of the vital expensive ZIP codes in Recent York City. It didn’t include the precise location of the fundraising event.
When contacted by CNBC and asked why he was co-hosting and the way the event was organized, Chawla didn’t deny he was a co-host. He said over the phone, “No, I’m not going to talk over with you, but thanks for calling.”
A representative for TPG declined to comment. A representative for Baehr didn’t return a request for comment.
A spokeswoman for Haley’s campaign didn’t return a request for comment on further details in regards to the former South Carolina governor’s trip to Recent York.
Konzelmann has previously supported Haley. He donated $5,000 to her PAC, Stand for America, last yr, in line with a Federal Election Commission filing.
Baehr has not donated to Haley’s PAC. He previously contributed to the campaigns of GOP congressional candidates similar to Sen. J.D. Vance, R-Ohio.
Chawla has made only three donations to political campaigns, and all have gone to Democrats, in line with OpenSecrets. He gave $2,500 to former Recent York City mayoral candidate Ray McGuire, and $250 to former Delaware Gov. Gina Raimondo’s campaign before she became Biden’s Commerce secretary.
