wall street leaders have poured more than 9 million into groups supporting candidates in the race for new yorks next mayor with most of the big money getting behind former presidential candidate andrew yang and brooklyn borough president eric adams cnbc reviewed records of donations from leaders on wall street who contributed to organizations supporting new yorks democratic mayoral candidates a super pac supporting adams has received more than 4 million from executives in the finance sector according to the new york city campaign finance board two proyang groups a super pac and a separate 527 group received over 3 million combined from financial executives wall street executives gave more than 2 million to a super pac backing one of their former colleagues excitigroup executive ray mcguire the winner of the races democratic primary which is a little more than a week away on june 22 will be favored to win the general election in november the big money donations demonstrate how important the race is to wall street financial institutions have a large human and monetary capital invested in new york said longtime new york democratic strategist hank sheinkopf who noted that the city could be stuck with a 12 billion budget gap as mayor bill de blasios tenure comes to a conclusion the street needs its winner and access to city hall sheinkopf said super pacs can raise and spend an unlimited amount of money for their preferred candidates giving contenders a massive financial boost during their campaigns with much of the funds going toward additional advertisements a spokesman for adams told cnbc that the campaign is not affiliated with the super pac and declined to comment on who has given to the organization eric has received broad support to become the next mayor of new york from across the economic and demographic spectrum because of his inclusive bold vision for the city evan thies a spokesman for the adams campaign said in an email monday representatives for yang and mcguire did not return requests for comment before publication the primaries for both the democratic and republican mayoral races take place next week with early voting already underway a new wnbctelemundo 47politicomarist poll shows adams with a 7point lead over former city sanitation chief kathryn garcia progressive attorney and activist maya wiley and yang are behind the top two contenders in that survey mcguire sits at sixth with 13 of participants still undecided the proadams super pac called strong leadership nyc has seen contributions from a wide variety of wall street executives including 15 million from steve cohen who owns the new york mets and runs point72 asset management other top donors from wall street to that pac include 1 million from dan loeb a founder of hedge fund third point 750000 from ken griffin ceo of investment firm citadel 500000 from longtime investor stanley druckenmiller and 500000 from paul tudor jones founder of tudor investment cohen loeb and griffin also gave sixfigure checks to a proyang super pac called the comeback pac city campaign finance records show that the yang pac saw other big donations from the finance sector anthony scaramucci who had a short stint as former president donald trumps communications director and currently runs investment firm skybridge capital contributed 15000 to the proyang pac peng zhao ceo of citadel securities gave 250000 to the comeback pac and investor jeffrey yass cofounder of susquehanna international trading group gave 500000 to the pac loeb griffin and yass combined to contribute 100 million to support federal candidates during the 2020 election cycle with most going toward republican causes according to data from the nonpartisan center for responsive politics mcguire came into the race with many expecting the wall street money to largely flow toward his candidacy after his tenure at citigroup the two founders of investment firm perella weinberg partners combined to give 150000 to the promcguire super pac new york for ray ricky sandler ceo of eminence capital gave 200000 to the super pac while pershing square founder and ceo bill ackman contributed 250000 john mack former ceo of morgan stanley gave 45000 to the pac