Independent donor group comes to aid of Kashkari
Neel Kashkari will get a lift from a newly formed independent expenditure committee in the final days of the gubernatorial primary campaign.
Republican benefactor Charles Munger Jr. and billionaire Robert Day are financing mailers supporting Kashkari and opposing rival Tim Donnelly, according to reports filed with the state.
A group called “Californians for Kashkari for Governor 2014” filed its statement of organization on Monday, with a $350,000 donation from Munger and $50,000 from Day, chairman of Trust Company of the West.
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James Hunter, vice chairman of Baron Real Estate, donated $10,000.
The group on Wednesday reported spending on mailers supporting Kashkari and opposing Donnelly.
The independent expenditure committee’s formation comes as Kashkari, a former U.S. Treasury Department official, tries to make up ground on Donnelly, a tea party favorite and the frontrunner among Republicans running for governor.
Kashkari recently donated $2 million of his own money to his campaign, a move Donnelly has said “kind of reeks of desperation.”
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