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Fundraising

KKR Seeking $12 Billion for Flagship Global Infrastructure Fund

Reuters | Equities.com |

Buyout firm KKR & Co Inc is seeking to raise $12 billion for its flagship global fund that will invest in infrastructure assets such as oil and gas pipelines and renewable energy projects, according to people familiar with the matter.

The fundraising comes as President Joe Biden has been pushing U.S. lawmakers to back a plan for trillions of dollars in new spending on projects to restore America’s crumbling infrastructure.


Republican Party To Continue To Use Trump's Name in Fundraising Materials Over His Objections

Reuters | Equities.com |

The Republican Party intends to keep using former President Donald Trump’s name in fundraising pitches and other materials, a lawyer for the party said on Monday, despite a cease-and-desist letter from Trump last week.

The letter sent by lawyers for Trump on Friday to the Republican National Committee, National Republican Congressional Campaign and National Republican Senate Campaign had ramped up tension between the two camps as Trump seeks to preserve his political viability post-election.


Trump's Call For Direct Contributions Clashes With Republican Party Fundraising

AP News | Equities.com |

“Trump needs you,” one fundraising email implored.

“President Trump’s Legacy is in your hands,” another pleaded.

Others advertised “Miss Me Yet?” T-shirts featuring Donald Trump’s smiling face.

While some Republicans grapple with how fiercely to embrace the former president, the organizations charged with raising money for the party are going all in. The Republican National Committee and the party’s congressional campaign arms are eager to cash in on Trump’s lure with small donors ahead of next year’s midterm elections, when the GOP hopes to regain control of at least one chamber of Congress.


Trump Has Raised $170 Million Via Nonstop Solicitations Since Losing Election

AP News | Equities.com |

President Donald Trump has raised roughly $170 million since his Election Day defeat, a sum garnered through a nonstop stream of solicitations that have falsely claimed the election was stolen while requesting contributions for an “election defense fund.”

Most of the money was raised in the days after the Nov. 3 election, according to a person familiar with Trump’s effort who requested anonymity on Tuesday to discuss details of the operation.

The amount, which approaches the sums Trump took in at the height of the campaign, offers yet another sign that he does not intend to leave the White House quietly and will remain a powerful force in Republican politics.


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