How Jeb Bush’s pension deals enriched his brother’s donors

Former Florida governor Jeb Bush speaks at the annual Conservative Political Action Conference (CPAC) at National Harbor, Maryland, outside Washington, on February 27, 2015 (AFP Photo/Nicholas Kamm)

Andrew Perez

While Jeb Bush was governor of Florida, state pension officials committed at least $1.7 billion to financial firms whose executives were “Pioneer” fundraisers for his brother’s presidential campaigns.

To achieve Pioneer status, the fundraisers had to amass at least $100,000 worth of bundled contributions to one of George W. Bush’s campaigns. An International Business Times analysis of Florida government documents and a list of George W. Bush’s bundlers compiled by Public Citizen found that 11 firms that received new Florida pension investments under Jeb Bush were Pioneers.

IBTimes also analyzed data from the Florida Division of Elections and Political Moneyline to determine how much money executives from those firms donated directly to Jeb Bush’s campaigns, George W. Bush’s campaigns, the Republican National Committee and the Republican Party of Florida between 1998 and 2006. Here are the companies that employed George W. Bush’s top fundraisers and received pension deals in Florida under Jeb Bush: Blackstone Group George W. Bush Pioneers: