Hedge fund titan Paul Tudor Jones is apparently a fan of presidential hopeful Pete Buttigieg

Key Points
  • Billionaire investor Paul Tudor Jones voiced support for 37-year-old presidential hopeful Pete Buttigieg at a recent gala, according to Bloomberg News.
  • "I love Mayor Pete, because I think he would be the best administrator to run this country, and he's got a compassionate heart," Jones reportedly said.
Paul Tudor Jones
Leanne Miller | CNBC

Presidential hopeful Pete Buttigieg has seen a marked uptick in support following his standout performance earlier this month at the Democratic debate in Ohio.

And that includes billionaire investor Paul Tudor Jones.

"I love Pete, I love Mayor Pete, because I think he would be the best administrator to run this country, and he's got a compassionate heart," the billionaire investor said at a recent gala, according to a Bloomberg News report. "He's my man."

Jones added that he's not politically active at this time. The hedge fund manager has given to both Republicans and Democrats in the past, including in the last 12 months. Jones declined to comment on the Bloomberg report.

He has within the past year donated to groups supportive of Ohio Representative Tim Ryan, Virginia Senator Mark Warner and former Colorado governor John Hickenlooper, according to public filings at the Federal Election Commission.

As for Buttigieg, the 37-year-old mayor of South Bend, Indiana, has in recent months distinguished himself from the party's more extremely progressive wing.

Democratic presidential candidate and mayor of South Bend, Indiana Pete Buttigieg responds to a question during a forum held by gun safety organizations the Giffords group and March For Our Lives in Las Vegas, Nevada, October 2, 2019.
Steve Marcus | Reuters

He's seen a flurry of donations recently with the Buttigieg campaign raking in $19.1 million in the third quarter, expected to be among the largest sums of any of the candidates vying for the Oval Office. Former Vice President Joe Biden raised $15 million in the same period.

Though Buttigieg still trails both Biden and Massachusetts Senator Elizabeth Warren in national polls, a recent Iowa survey of the 2020 Democratic presidential competition showed just how far he'd surged.

Eighteen percent of likely Democratic caucus-goers said they supported Biden, 17% favor Warren and 13% prefer Buttigieg, according to the Suffolk University/USA TODAY poll.

Buttigieg's relative warmth toward Silicon Valley, in particular, separate him from some of his more progressive rivals.

CNBC reported on Monday that the Buttigieg campaign earlier this year took hiring recommendations from Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan.

Elizabeth Warren, however, remains a stalwart opponent of Big Tech and has threatened to break up Facebook and other technology companies.

— Click here for the original Bloomberg News report.