Griffin, Schwarzman Fuel McCormick Super PAC’s $18 Million Haul

  • Pennsylvania Senate race will be one of most competitive
  • Billionaires are boosting former hedge fund CEO’s campaign
David McCormickPhotographer: Hannah Beier/Bloomberg
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Citadel’s Ken Griffin, Blackstone’s Steve Schwarzman and Elliott Management’s Paul Singer are among the donors who collectively gave nearly $18 million to a super political action committee supporting David McCormick, a Republican running for US Senate in Pennsylvania, according to a person familiar with the group’s finances.

A representative for the super PAC, Keystone Renewal, confirmed Wednesday they contributed. McCormick, a former chief executive officer at hedge fund Bridgewater Associates, is seen as a business-friendly Republican who could pose a formidable challenge to Democratic incumbent Senator Bob Casey in the 2024 election.