ترول ایرانی

گالری عکس

Thompson Joins Hedge Fund

Taegan Goodard reported on this late last night; seems former Governor of Wisconsin and HHS Secretary (not to mention hopeful Senate candidate to some) joined a hedge fund in an advisory role…yesterday.

Former Wisconsin Governor Tommy Thompson was announced as the newest advisor to a Peak Ridge Capital Group venture capital fund.

Thompson, who served as governor for America’s Dairyland for four terms from 1986 through 2002, was known for his push for healthcare reform. Not surprisingly, he was also the secretary of health and human services for President George W. Bush from 2001 until 2005.

Thompson will be relied upon at Peak Ridge for his expertise in agriculture and agribusiness. The firm is currently investing its agricultural technology fund, having announced its first investment from the vehicle.

Rapid Diagnostek is a Wisconsin-based company developing a hand-held device to test for illness or disease in 60 seconds.

The fund is designed to invest in agricultural technology companies providing solutions for food supply, lowering the cost of production and improving efficiencies in the supply chain. The fund also invests in clean technologies, as well as chemicals, systems and biofuels processes.

How this effects any run for any public office is anyone’s guess?  Though, given the Chelsea Clinton (she still works for one in New York City) and John Edwards (he joined to ‘do research on poverty) connections to hedge funds in the past, I’d love to see how this one gets used as an attack by DPW and the DSCC if Thompson does make the plunge.

However, joining a new firm pretty much means Tommy isn’t running.  Any other kind of speculation is just kidding yourself.

Be Sociable, Share!
  • Since he’s not running, care to share your thoughts on whether or not it would have been good if he had? I’m curious.