Houston Investor Linked to $1 Million Cruz Super-PAC Donation
Wil VanLoh, a Houston private-equity manager, has links to a $1 million contribution to a group supporting Texas Senator Ted Cruz's presidential bid.
The group, Stand for Truth, disclosed today that it received $1 million in January from a Houston company identified as Trinity Equity. Trinity shares an address with Quantum Energy Partners, a private-equity firm VanLoh runs with $9 billion under management.
According to unrelated filings with the Securities and Exchange Commission, VanLoh owns and controls a company known as Trinity Equity Partners I LP that, in turn, owns a stake in Quantum. VanLoh and spokesmen for the firm and Stand for Truth, a super-political action committee, didn't immediately respond to requests for comment.
VanLoh helped found Quantum in 1998 to focus on investing in oil and gas companies. Toby Neugebauer, another co-founder who is no longer with the firm, contributed $10 million to a different super-PAC supporting Cruz last year.
VanLoh and his wife served as co-hosts of a fundraiser for Cruz's campaign at Goode's Armadillo Palace in Houston last year, according to the website Political Party Time.
Stand for Truth bought ads in Iowa in January ahead of Cruz's victory in the Feb. 1 caucuses. This month, it's running ads in South Carolina.