The Clinton Foundation selected a New York investment firm with close ties to Chelsea Clinton to manage its endowment in 2014, reports The Wall Street Journal.
Nicole Fox, a longtime friend of Ms. Clinton’s and the matron of honor at her wedding, is managing director of Summit Rock Advisors. Ms. Fox’s husband, Michael Fox, is a former deputy chief operating officer at a hedge fund co-founded by Ms. Clinton’s husband, Marc Mezvinsky. Ms. Fox and Nancy Donohue, Summit Rock’s co-founder, donated the maximum of $2,700 to Democratic presidential nominee Hillary Clinton’s primary campaign.
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