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News | Government

Renaissance Technologies Exec Donates $1M to Pro-Romney Super PAC

Robert Mercer is the co-CEO of RenTech.

Posted by Christine Sampson (Editor), 
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A top Renissance Technologies executive has donated $1 million to a super PAC supporting presidential hopeful Mitt Romney's campaign, according to a report published Tuesday on Bloomberg.com.

Robert Mercer, the co-CEO of the East Setauket-based hedge fund, also donated $1 million to Restore Our Future in 2011. He was also the main funder of Concerned Taxpayers of America, a pro-Republican super PAC, in 2010.

The super PAC funding has enabled Romney and his allies to take a financial lead over President Barack Obama, according to the report.

Click here to read the full story from Bloomberg.com.

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