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The Scoop: Clay Pell’s Cousin Donated $2,250 to Raimondo; More

Tuesday, October 29, 2013

 

Welcome to The Scoop, the 4 p.m. report on everything politics in Rhode Island – the inside daily report exclusively on GoLocalProv.com.

Nicholas Pell's Past Support of Gina Raimondo

Nicholas L. Pell, a New York investment banker and cousin of potential 2014 Rhode Island gubernatorial candidate Clay Pell, has donated $2,250.00 to State Treasurer and likely gubernatorial candidate Gina Raimondo over the last four years, according to the Rhode Island Board of Elections.

Pell, who is the grandson of the late six-term U.S. Senator Claiborne Pell, made four contributions to Raimondo from 2009 through 2012.

The contribution details are as follows:

  • $1,000 on 12/26/2009
  • $500 on 3/19/2010
  • $250 on 9/30/2010
  • $500 on 10/17/2012

 

Pell made the first three contributions while serving as Director in the Investment Department of WP Carey & Co, and made the latest while employed as Managing Director of Investments at Gramercy Capital Corp, which is his current position.

GoLocal contacted Pell to determine whether he would support Raimondo over Clay in a potential Democratic primary, but he declined to comment.

In 2010, Pell considered running for Rhode Island's District 1 Congressional seat after Rep. Patrick Kennedy announced he would not seek reelection.

Pell is a member of Newport Festivals Foundation Board of Directors, which supports the Newport Jazz and Folk Festivals. Prior to his position at WP Carey & Co., Pell served as Director of Sony Pictures Entertainment from 2002 to 2005.

He holds a B.A. in Economics from Duke University and an M.B.A. from Harvard Business School.

2014 Governor's Race

Raimondo has not yet declared whether she will run for governor but has stated that she will announce her decision before the end of the year. Providence Mayor Angel Taveras formally announced his candidacy yesterday—becoming the first major Democrat to do so.

GoLocal first reported earlier this month that Nicholas' cousin Clay, who recently left his job at the U.S. Department of Education, is also weighing a run for governor.

Bristol businessman Todd Giroux, who ran as an Independent in the 2010 gubernatorial race, has declared he will run as a Democrat in 2014.

Former Moderate Party candidate Ken Block, who GoLocal reported yesterday would run as a Republican in the 2014 Rhode Island Governor's race, is the only official candidate on the GOP side. Cranston Mayor Allan Fung, who launched a gubernatorial exploratory committee last month, is also considered a likely candidate.

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