Mindich's support would be a boost for Biden, who has yet to announce whether he is running and faces doubts from other top Democratic financiers.
Eric Mindich, a former hedge fund executive who helped raise funds for former President Barack Obama's White House campaigns, has told friends he plans to help former Vice President Joe Biden raise cash for the 2020 presidential election, according to people familiar with the matter.
Mindich, a 15-year Goldman Sachs veteran who closed his $7 billion hedge fund Eton Park Capital Management two years ago, was a key player in Obama's presidential runs. Working as a bundler – a fundraiser who coaxes high-dollar donors to back a specific candidate – Mindich raised up to $100,000 for Obama in 2008 and 2012, data from the nonpartisan Center for Responsive Politics show.All signs point to Biden getting ready to jump into the race.
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