Centerbridge Co-Founder Gallogly to Host Biden Fundraiser in NYC

Longtime Wall Street executive Mark Gallogly and his wife, Lise Strickler, will host a fundraiser at their home in New York City for President Joe Biden on Thursday, according to people familiar with the matter.

(Bloomberg) — Longtime Wall Street executive Mark Gallogly and his wife, Lise Strickler, will host a fundraiser at their home in New York City for President Joe Biden on Thursday, according to people familiar with the matter.

Gallogly has White House ties, having served as an adviser to Biden’s climate team and as a member of President Barack Obama’s economic recovery advisory board.

He has worked at Blackstone Group and co-founded the investment firm Centerbridge Partners. In 2015, Gallogly and Strickler co-founded Three Cairns Group with a focus on investments and support for actions to address climate change.

The fundraiser is one of two that Biden will attend in Manhattan on Thursday. The event at the couple’s Central Park West home will be hosted by multiple donors interested in the environment and climate change, while the other is a more general fundraiser, one of the people said.

Biden, who formally announced in April that he would seek reelection in 2024, has picked up the pace this month on attracting campaign money as the end of the fundraising quarter approaches Friday. Campaign aides have declined to say how much he has raised at recent fundraisers, which included events in Chicago, the Maryland suburbs outside Washington, and in California.

Advisers hope the results of Biden’s fundraising total will provide a boost for the campaign, strengthening their argument that there is deep enthusiasm for his reelection bid.

Read more: Biden Has Begun Using CPAP Machine to Aid With Sleep Apnea

Polling has shown lukewarm enthusiasm for Biden seeking a second term, with voters concerned about his age and fitness. At 80, he is already the oldest president in American history.

Biden has begun using a machine for continuous positive airway pressure therapy, or CPAP, Bloomberg first reported Wednesday. The White House later confirmed the president has been using the device to address sleep apnea.

Biden also made headlines this week when he slipped up twice in a 24-hour period by confusing the US war in Iraq with the Russian invasion of Ukraine.

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