Romney dwarfs Obama in private equity fundraising stakes

Mitt Romney, the US Republican Party’s presidential candidate, has received disproportionately large campaign donations from the buyout industry

Mitt Romney, the US Republican Party’s presidential candidate, has received disproportionately large campaign donations from the buyout industry, dwarfing contributions made to President Barack Obama’s re-election campaign.

According to US political researcher, the Center for Responsive Politics, Romney, the co-founder of US buyout firm Bain Capital, has received $2.27m from private equity firms in this election cycle as of July, compared with just $671,349 donated to Obama's campaign. The split in donations is the most lopsided ratio on record.

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