A private investment fund linked to Chris Christie and his wife had lofty goals when it launched in January. But 10 months later, the fund has failed to attract much interest
Even so, Hampshire Companies — a Morristown-based real estate investment and development firm led by longtime Christie allies Jon Hanson and James Hanson II — has brought in two brokerage firms to help draw investors to the investment vehicle.
The former New Jersey governor has dipped his toe into several ventures since leaving office in early 2018, having joined the board of an addiction treatment facility in Florida and opened an independent law firm. Last month, POLITICO was first to report that Christie had inkedwith Pacira BioSciences, plus stock options, in 2018 and 2019 as it lobbied for new Medicare rates to boost the financial prospects of its flagship product, a non-opioid painkiller used in surgeries.
"Both Chris and Mary Pat had information with regard to these qualified opportunity zones, and together we said this might be a great opportunity to work together," Hanson II told The Wall Street Journal. A subsequent interview with Barron's suggested the firm's partnership with the Christies would “help us tap into additional private investor sources through the relationships they have.”The fund’s investor pool includes around 60 people or entities, according to SEC filings.
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