Former Citi exec Ray McGuire raises fresh $2.5 million for NYC mayor race


Ray McGuire, vice chairman of Citigroup Inc.

Patrick T. Fallon | Bloomberg | Getty Images

Democrat Ray McGuire, a former Citigroup govt, raised $2.5 million for his mayoral marketing campaign since January as the first race for New York City’s highest workplace comes right down to the ultimate stretch.

The common donation to McGuire’s marketing campaign has been over $980, with over 6,000 contributions, in accordance with marketing campaign advisors.

The haul comes on high of $5 million he raised after entering the race in 2020.

All of the campaigns for the New York mayoral race should disclose their newest fundraising totals by March 15. The Democratic major for mayor is scheduled for June.

McGuire’s most up-to-date fundraising success comes as he faces an intensive Democratic major discipline of contenders. He is behind in most of the newest public polls.

McGuire has beforehand seen robust assist from among the metropolis’s enterprise leaders, together with a number of members of the rich Tisch household, which co-owns the New York Giants.

Jon Henes, a companion at legislation agency Kirkland & Ellis, and Laurie Tisch, a philanthropist, are two finance co-chairs for the McGuire marketing campaign.

Others who’ve beforehand given embody Mike Kempner, the CEO of public relations juggernaut MWWPR; Charles Myers, the previous vice chair of funding agency Evercore; Fred Terrell, a former govt vice chairman at Credit Suisse; Alexis McGill Johnson, the CEO of Planned Parenthood; and Loretta Lynch, the previous U.S. lawyer common below President Barack Obama.

An Emerson College/WPIX-TV/NewsNation ballot of the Democratic major discipline has McGuire in eighth with around 3% of the vote. Former presidential candidate Andrew Yang, Brooklyn borough president Eric Adams and longtime lawyer Maya Wiley all lead in that survey.

A spokesman for Adams mentioned his marketing campaign has greater than $8 million available going into the ultimate months of the race. Adams is likely one of the mayoral candidates utilizing the Campaign Finance Board’s Matching Funds program.

McGuire isn’t a part of that program. Aides didn’t say how a lot money available the marketing campaign has.

Representatives for Yang and Wiley didn’t return a request for remark.

McGuire marketing campaign advisors level out that the previous Wall Street govt’s fundraising prowess is stronger in distinction with the likes of others who beforehand ran for native New York places of work.

Mayor Bill de Blasio for occasion raised much less in his complete 2017 marketing campaign for mayor in comparison with McGuire, when excluding matching public funds.

“At this rate, within a month, Ray will have outraised every Democratic candidate for mayor in the past 32 years ahead of a primary election,” a marketing campaign advisor advised CNBC.



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