Skip to content
Subscriber Only

Blackstone Group's Schwarzman Among Biggest June Midterm Donors

  • Bold-faced names cut checks before critical November elections
  • Hedge-fund manager S. Donald Sussman gave Democrats $3 million
Stephen Schwarzman
Stephen SchwarzmanPhotographer: Misha Friedman/Bloomberg

Mega donors including Blackstone Group LP’s Stephen Schwarzman flooded political committees with tens of millions of dollars in June ahead of November’s U.S. midterm elections.

The $5 million that Schwarzman, Blackstone’s billionaire chairman and chief executive officer, gave to the Senate Leadership Fund, a super political action committee that supports Republican candidates, was among the month’s largest contributions. The fund also received $1 million from Houston Texans NFL team owner Robert McNair. It reported raising $7.7 million in June, and had $19.5 million in the bank.