Tags: Cliff Asness, Dan Loeb, equality, hedge fund managers, marriage, Paul Singer, Steve Cohen, tuna and turkey sandwiches
Yes, technically elected officials did it but it wouldn’t have happened without said hedge fund managers, who made the case over lunch.
In the 35th-floor conference room of a Manhattan high-rise, two of Gov. Andrew M. Cuomo’s most trusted advisers held a secret meeting a few weeks ago with a group of super-rich Republican donors. Over tuna and turkey sandwiches, the advisers explained that New York’s Democratic governor was determined to legalize same-sex marriage and would deliver every possible Senate vote from his own party…the donors in the room — the billionaire Paul Singer, whose son is gay, joined by the hedge fund managers Cliff Asness and Daniel Loeb — had the influence and the money to insulate nervous senators from conservative backlash if they supported the marriage measure. And they were inclined to see the issue as one of personal freedom, consistent with their more libertarian views.
Within days, the wealthy Republicans sent back word: They were on board. Each of them cut six-figure checks to the lobbying campaign that eventually totaled more than $1 million. Steve Cohen, the No. 2 in Mr. Cuomo’s office and a participant in the meeting, began to see a path to victory, telling a colleague, “This might actually happen.”
To commemorate the historic event and the men who got it done, consider asking Steve, Dan, Paul or Clifford to officiate your upcoming nuptials. They’d surely be flattered and no doubt have their applications to get ordained online queued up and ready to go.
The Road To Gay Marriage In New York [NYT]
New York Senate Passes Bill Legalizing Gay Marriage [WSJ]
Related: Lloyd Blankfein, John Mack, Dan Loeb Et Al Sign Marriage Equality Letter