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Mr. Gephardt, who sought the Democratic nomination in 1988, was not the only Democrat who seems to have had a difficult fund-raising quarter.
An ailing economy, a number of corporate donors moving out of the county, audiences who stayed home more in the months after Sept. 11, along with the usual pressures of competing with Manhattan's larger and better-financed arts organizations, have combined in the past year to create an unusually difficult fund-raising climate.
And the firm would not have to court investors in a difficult fund-raising climate.
The difficult fund-raising environment has tested even the most connected of potential candidates.
"We have an extraordinarily difficult fund-raising operation ahead of us".
S.E.C. officials have said that in the difficult fund-raising environment, there is a possible incentive for firms to exaggerate the value of their portfolios.
The third quarter of the year, July through September, is traditionally the most difficult fund-raising period because contributors pay less attention to the race in the summer, and many main donors have been tapped out.
One hedge-fund executive thinks that some funds will move to operating a single trading book, rather than multiple books, in order to have more oversight over individual traders for whose actions they are liable.All of which makes an already difficult fund-raising environment for small funds even rougher.
FB fund raising.
Fund raising is difficult because of the stereotype that Asians are wealthy, that we are the model minority.
First, we invest in very high risk tech companies that otherwise would have a difficult time raising funds.
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