Obama invites Wall Street to NYC Fundraiser


President Obama is heading back to Wall Street on March 1 to beg hedge fund managers and investment bankers for some more campaign donations, days after calling for higher taxes on the wealthy in his 2013 budget.

The dinner will cost $35,800 person.

Bloomberg sheds some light on the upcoming powwow:

Hosts of the fundraiser, including Ralph Schlosstein, chief executive officer at Evercore Partners Inc., and his wife, Jane Hartley, co-founder of the economic and political advisory firm Observatory Group LLC, were assured last week by Jim Messina, Obama’s campaign manager, that the president would not demonize Wall Street in his re-election.

The $35,800-per-person dinner at ABC Kitchen, the first of the evening’s four fund-raising events, is being hosted by many of Obama’s top Wall Street donors, according to a person familiar with the matter. Sponsors include Blair W. Effron, partner and co-founder of Centerview Partners LLP; Marc Lasry, managing partner and founder of Avenue Capital Group; Mark Gallogly, a managing principal of Centerbridge Partners; James Rubin, managing director of BC Partners; Robert Wolf, UBS AG’s chairman for the Americas; and Antonio Weiss, global head ofinvestment banking at Lazard Ltd.

Other co-hosts are not associated with the financial services industry, such as Tom Bernstein, president of Chelsea Piers LP; and Kevin Ryan; the chief executive officer of Gilt Groupe Inc.; and Sally Susman, an executive vice president of Pfizer Inc.