Primary Watch: What to Know About Nella Domenici

Jun

2024

PRESS RELEASE

Primary Watch: What to Know About Nella Domenici

Nella Domenici is a multimillionaire former hedge fund executive who parachuted into New Mexico to buy a Senate seat

Tonight, Nella Domenici, a multimillionaire hedge fund executive and former CFO of Bridgewater Associates, will formally secure New Mexico’s Republican nomination for U.S. Senate. As local and national reporters tune in to the Land of Enchantment’s senate contest, here’s what the media needs to know about Nella Domenici.

Nella left New Mexico fifty years ago, only recently returning after being recruited to run for office by Mitch McConnell, and now conveniently claims her $4 million Santa Fe vacation house as her personal residence.

Nella spent her life and career on the East Coast, serving as Chief Financial Officer for Bridgewater Associates, the world’s largest hedge fund, and living in her $6 million Fifth Avenue apartment in New York City and $5 million ocean-front Connecticut mansion.

Nella is worth up to $94 million dollars, according to her U.S. Senate personal financial disclosure, putting her at or near the top 10 wealthiest U.S. Senators if elected.

As CFO of scandal-plagued Bridgewater Associates, Nella served in a senior leadership role while the company:

Increased investments in Chinese companies, including companies that were controlled by the Chinese military and would later be sanctioned.
Expanded its deep ties with China and the Chinese Communist Party, including raising billions of dollars for its hedge fund clients from Chinese clients including the China Investment Corporation sovereign wealth fund and the State Administration of Foreign Exchange, which manages the country’s currency reserves.
Maintained troubling ties to Russia and Vladimir Putin.
Faced massive scandals over the unacceptable ways the company treated its employees, including worker discrimination, illegal labor practices and sexual harassment.

Nella is Donald Trump and Mitch McConnell’s handpicked candidate, considered a “strong recruit” because of her family ties to the state and ability to self-fund her campaign through her massive personal wealth.

Nella is spending half a million dollars on a “weak” and “boring” TV ad that touts her business resume but ignores her troubling record as CFO of Bridgewater Associates.

Nella refuses to answer basic questions about her past or her positions and spent the first 100 days of her campaign avoiding press and dodging interviews, earning her the title of “No-Answer Nella.”