By Jared Evan
The SALT event, one of the premier hedge fund industry conferences, kicked off Sunday at the Jacob K. Javits Convention Center in New York, rather than the Bellagio Hotel in Las Vegas where organizers hosted the event 10 times before, Reuters reported.
The event is hosted by hedge fund executive and former White House communications director Anthony Scaramucci, will be a little different this year.
The NY Daily News reported that Democratic Mayoral nominee Eric Adams appeared at the event.
“New York will no longer be anti-business,” Adams declared at SALT.
“This is going to be a place where we welcome business.”
“This is going to be a place where we welcome business and not turn into the dysfunctional city that we have been for so many years.”
He said he would clean up crime, battle homelessness, hack into the city’s affordability problem, and partner hand-in-glove with the business community, Daily News summarized
“But we expect something in return, folks,” he told hundreds of people as he spoke from the event’s main stage. “We want to ask you to offer your jobs to New Yorkers. Right now, there are hundreds of thousands of people out of work in New York. And there are hundreds of thousands of jobs that you have that we can fill.”
NY Times reported: The event promised appearances from two hedge fund billionaires who were principal backers of a super PAC supporting Mr. Adams’s candidacy: Daniel S. Loeb, a prominent charter school supporter, and Steven A. Cohen, the owner of the Mets.
In his speech, Mr. Adams, the Brooklyn borough president, urged employers to collaborate with the city on a common job application, part of a suite of proposals aimed at boosting the city’s economy and combating unemployment and underemployment. Both the public and private sectors would be encouraged to participate, NY Times explained
“I’m proposing an unprecedented partnership between city employers and the city itself to make those connections and create one common application, one job application, to field all of the jobs you have available in this city,” he said. “New York wants your jobs and we want to build them.”
Mr. Adams at SALT also referenced his slogan that powered his primary win — “the prerequisite to prosperity is public safety and justice” — as he argued that priorities like reducing gun violence are vital aspects of reviving the city’s economy.
NY Times reported: Mr. Scaramucci, a Wall Street veteran, donated $2,000 to Mr. Adams’s mayoral campaign. Over the weekend, former Mayor Michael R. Bloomberg, who got on poorly with Mr. de Blasio, released a direct-to-camera video noting his support of Mr. Adams, who is facing off against Curtis Sliwa, the Republican candidate, in the general election.
“As a candidate, Eric Adams has shown ambition and political courage,” Mr. Bloomberg said in the video.