11/2/2017

TRUMP PEOPLE: “Billionaire conservative megadonor Robert Mercer, a generous financial backer of President Donald Trump, is stepping down from his position as co-CEO of hedge fund Renaissance Technologies, according to a notice the company sent to investors on Thursday [11-2-17].
Mercer also announced that he will sell his stake in Breitbart News to his daughters ‘for personal reasons,’ according to a letter he wrote, dated Thursday and first published by Bloomberg News. He said his political views don’t always match those of Steve Bannon, the controversial former White House political strategist who has returned to Breitbart…
In recent weeks, several investors in Renaissance Technologies had come under pressure from a liberal group that said it was opposed to racist news sites, and which was pushing them to pull their money out of the hedge fund.
The group, called Sleeping Giants, targeted Michigan State University and other pension funds invested in Renaissance, seeking to tie their investments with Mercer’s own in Breitbart and Yiannopolous — and, by extension, with white nationalism and bigotry…
The 71-year-old Mercer said he will depart the Renaissance leadership effective Jan. 1.”

-Alex Isenstadt and Eliana Johnson, “Robert Mercer steps down from hedge fund, sells stake in Breitbart,” Politico, Nov. 2, 2017 02:41pm