Democrats and Republicans alike are heading out to the ritzy Hamptons, Recent York’s summer playground for the rich, to fill their campaign war chests in the ultimate months of the 2022 midterm elections, and, in some cases, to check presidential aspirations for 2024.
With just below 100 days until the November elections, greater than a dozen congressional and state lawmakers are heading to the Hamptons for fundraisers in August alone. Wall Street executives, media titans, top lawyers and other corporate leaders are hosting quite a few pricy fundraising dinners at their beach town estates, in keeping with interviews with GOP and Democratic fundraisers, donors and political consultants. Most of the people on this story declined to be named to debate private gatherings featuring candidates and other financiers.
“They’re all here,” said a Democratic fundraiser hosting multiple upcoming events within the Hamptons.
Donors from Suffolk County on Long Island, where the Hamptons are positioned, have contributed over $17 million to candidates through the 2022 election cycle, in keeping with data from nonpartisan campaign finance watchdog OpenSecrets. Suffolk County donors gave greater than $45 million to campaigns through the 2020 election.
Democrats who’ve scheduled fundraisers within the Hamptons include, creator and Maryland Democratic gubernatorial nominee Wes Moore, Recent York Gov. Kathy Hochul, Georgia gubernatorial nominee Stacey Abrams and California House Rep. Karen Bass, in keeping with invitations reviewed by CNBC and folks acquainted with the matter. Hochul is running for reelection against Rep. Lee Zeldin, R-N.Y., while Bass is campaigning to be the following mayor of Los Angeles.
A Hochul campaign spokeswoman declined to comment. Representatives for Moore, Abrams and Bass didn’t return requests for comment.
Republicans who recently scheduled or have allies trying to arrange meetings within the Hamptons with top donors include Nebraska Sen. Ben Sasse, Florida Gov. Ron DeSantis, Arkansas Sen. Tom Cotton, House Minority Leader Kevin McCarthy of California, former Vice President Mike Pence and Marc Molinaro, a county official in Recent York state, in keeping with invitations and folks acquainted with the matter.
Representatives for Sasse, DeSantis, Cotton, McCarthy, Pence and Molinaro didn’t return requests for comment.
Sasse is not up for reelection until 2026 so his fundraiser could fuel speculation that he’s considering running for president in 2024. Mark Gerson and Rabbi Erica Gerson are hosting a fundraiser for Sasse at their Sag Harbor, N.Y., home on Friday, in keeping with an invite. Seats are going for between $1,000 to $10,800 per person, which is able to go to Sasse’s leadership committee. Gerson, who’s the co-founder of monetary advisory firm Gerson Lehrman Group, didn’t return requests for comment.
Molinaro is running for a House seat in Recent York within the midterms, and McCarthy is up for reelection this yr. Republican kingmaker and metal mogul Andy Sabin is co-hosting a fundraiser on Thursday at his seven-acre compound in Amagansett near East Hampton for Molinaro with McCarthy as a featured guest, in keeping with Sabin.
Tickets for the event go from $1,000 to $5,000 in support of Molinaro’s campaign. He noted that Zeldin and Rep. Andrew Garbarino, R-N.Y., are also attending the event.
Stephen Louro, the CEO of worker profit and insurance company Skilled Group Plans, is hosting a fundraiser at his Nissequogue estate for Zeldin on Aug. 24. The dinner, which is backing his gubernatorial campaign, will feature a jet suit flight demonstration, a performance by vocalist Christopher Macchio and a fireworks show, in keeping with an invite. Louro’s massive waterfront home features a pool and direct access to the beach, in keeping with Virtual Globetrotting, an internet site that tracks the homes of the wealthy and famous.
Louro didn’t return requests for comment.
Sabin said he was invited to a Hamptons fundraiser that took place at the top of July for DeSantis’ gubernatorial campaign which was hosted by an investor named Doug Douglas, the Republican fundraiser said. One other GOP fundraiser said DeSantis is predicted to come back back to the Hamptons by the top of the month.
Sabin, who contributed just over $220,000 to Trump Victory, a joint fundraising committee for former President Donald Trump’s campaign and the Republican National Committee during his two runs for president, said he won’t back Trump in a GOP primary for president in 2024 — but he would support him in the final election if he wins the nomination. Sabin said he’s met with multiple potential 2024 contenders, and, while he would not say who he’s met with, he noted he hasn’t spoken to Trump since his 2020 defeat. Sabin said he recently helped DeSantis raise over $1 million at a fundraiser on the Ocean Reef Club in Key Largo, Fla.
Sabin said one in all the explanations he soured on Trump is the previous president’s reluctance to maneuver on from the 2020 presidential election. “I believe numerous people like myself wanted him to get past 2020,” Sabin explained. “He may very well be such an enormous help to the party if he could recover from the proven fact that he lost.”
Trump told Recent York Magazine in a recent interview that he has already decided to run for president again, and that he only must settle whether he launches a campaign before or after the midterms.
DeSantis is fighting for reelection in Florida, but he too has been meeting with powerful out-of-state donors and has not publicly ruled out running for president. Cotton also is not up for reelection for an additional 4 years, but he’s reportedly huddled with donors to debate a 2024 run for president. Pence has also been privately huddling with donors and has not ruled out a 2024 White House run.
The opposite hosts of the August events within the Hamptons amount to a who’s who of affluent business leaders seeking to help raise hundreds of thousands of dollars for candidates. Moore is ready to be hosted on the Water Mill, N.Y., home of Brian Eizenstat, a managing partner at hedge fund Dilation Capital, in keeping with an invite. The event is ready to happen Aug. 21, with tickets starting at $500 and going as much as $6,000. Other co-hosts listed include Jon Henes, the CEO of corporate advisory firm C-Street Advisory Group.
Eizenstat didn’t return a request for comment.
Wall Street veteran Richard Perry and his wife, Lisa, are hosting a fundraiser at their Hamptons home for Abrams on Thursday, in keeping with an email to donors. The invitation, which does not say who’s hosting the event, asks for $1,000 to $10,000 per ticket. The gathering is in support of One Georgia, Abrams’ leadership committee, in keeping with the invitation.
Perry’s Hamptons beach-front estate in Sag Harbor has a pool and tennis court, in keeping with Virtual Globetrotting. Perry once ran the now-closed Perry Capital and is the nephew to the late Jimmy Cayne, the previous CEO of Bear Stearns.
This week Abrams may also be on the Hamptons home of Emily Giske, a senior partner at lobbying giant Bolton-St.Johns, one political consultant said. Giske didn’t reply to a request for comment. Perry and his wife didn’t return repeated requests for comment.
Businessman Dennis Mehiel is scheduled to co-host a night reception for Hochul at his Water Mill mansion on Aug. 13, in keeping with an invite. Tickets for that gathering run as much as $25,000, with other co-hosts including public relations executive Mike Kempner and Bruce Mosler, a former CEO at Cushman and Wakefield.
Charles Philips, the previous CEO of software company Infor, is co-hosting with veteran attorney Melissa Prober a $1,500-a-plate fundraiser at his East Hampton home for Bass. Phillips said he’s also hosting a fundraiser for Recent York Mayor Eric Adams at the top of August.
“For moderate common sense Democrats, the donors seem supportive and interested,” Philips said, when asked the sort of reception he’s receiving for the Bass event.