Hedge Funds

Business elites pour millions into teal independent campaigns for 2025 election


Hedge fund manager John Hempton, private equity giant Joseph Skrzynski, Globe International founder Stephen Hill, and share trader Robert Keldoulis are among a score of business people who ploughed millions of dollars into independent campaigns at the last federal election.

The Simon Holmes à Court-backed Climate 200 group raked in $9.5 million in donations ahead of the May poll and donated $10.8 million to 35 so-called community independent, or teal, candidates.

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