Posted on 04/13/2016 10:16:44 AM PDT by TigerClaws
Former first daughter Chelsea Clinton has joined Avenue Capital Group, a $12 billion hedge fund manager whose founder has contributed to many Democratic Party campaigns, a person familiar with the matter said Friday.
Clinton, 26, the only child of former President Bill Clinton and U.S. Sen. Hillary Rodham Clinton, has taken a post at the New York-based fund manager in an undisclosed capacity, the source said.
Clinton, who graduated from Stanford University in 2001 and studied philosophy at Oxford University, most recently worked at consultants McKinsey & Co. from 2003.
Avenue which focuses on distressed securities investing was co-founded by Marc Lasry. Morgan Stanley this week bought a minority stake in Avenue.
Well-known in hedge fund circles, Lasry has contributed to political campaigns for Hillary Clinton, Al Gore, Bill Bradley, John Kerry and other Democrats in recent years, federal election records show. However, Lasry has also contributed lesser amounts to campaigns for President Bush, the records show.
Chelsea Clinton couldnt be reached for comment. A spokeswoman for Avenue said the company does not comment on issues of company personnel.
News of Clintons hire was reported by the New York Daily News Friday.
The Bernie voters won’t be happy.
OCCUPY CHELSEA CLINTON!
I’m surprised! /s
Imagine if she cared about money!
She’ll be CEO of Facebook by age forty. /sarcasm off
Math is hard.
I think they got her age wrong.
mama likes rug, daughter is at the ‘head’ of her class.
A 26-year-old philosophy major is a hedge fund expert? Right. Maybe she inherited her Mom’s talent for cattle futures.
Undisclosed capacity indeed-since she has no qualifications. Great timing for Hillary’s daughter to get a patronage job on Wall Street. It’s almost funny.
Amazing what a Bachelor’s in history can get you.
Money launderer.
She’s 36. I’m sure she will do as well in this job as she has in her previous careers.
She’ll be taking the reigns of the Clinton Global Moneylaundering Operation one day. Mommy-Dearest can’t live forever.
The article is wrong. It says that Chelsea is the daughter of Bill and Hillary Clinton. It’s supposed to be Web Hubbel and Hillary Clinton.
In charge of keeping the crows off the hedges?
” the only child of former President Bill Clinton and U.S. Sen. Hillary Rodham Clinton”
Stopped reading right there...
Another angle to this......we are about to be burdened w/ another Clinton in politics.
Buzz is she’s going for a NY City Council seat.
(Groan) Just what America needs-—another Clinton in politics.
You're kidding, right?
Bernie and his cohorts are laughing at the help the Clinton's are giving him. Chelsea and hubby, both involved with hedge funds. This is a gift I tell yah.
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