Winklevoss twins, Loeb among donors to Adams' $1.2M transition fund

Crypto billionaires Tyler and Cameron Winklevoss, Mets owner Steve Cohen and Third Point LLC founder Dan Loeb are among the financiers that helped New York City Mayor-elect Eric Adams raise $1.2 million for his transition and inauguration.

The money, part of a transition and inauguration entity, or TIE, is separate from campaign fundraising. It will be used to finance Adams’ operations as he pulls together a staff and irons out policy priorities ahead of taking office on Jan. 1.

Adams, a prolific fundraiser during the primary and general election, said the entity raised money from roughly 600 donors. Other people include business leaders and philanthropists Ken Chenault, Fred

→ Continue reading at Crain's New York Business

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