Hedge Fund Executive Forms a No Labels Super PAC

The new super PAC is being advised by a Republican strategist whose former firm provided union avoidance services.

Hedge Fund Executive Forms a No Labels Super PAC
A No Labels sign at the Meeting to Make America Work! in 2013 (Photo by No Labels)

A new super PAC has been formed to support the planned third-party presidential ticket of the bipartisan political group No Labels. The group’s treasurer is the president and COO of a hedge fund that recently laid off 150 employees, and its political adviser is a Republican strategist who formerly worked for a firm that provided large companies with union avoidance services.