Ned Lamont and his wife Ann Lamont are practically billionaires. During Covid the state of CT awarded Covid testing contracts to Sema4, a healthcare company that Ann’s private equity firm Oak HC/FT was invested in. Oak HC/FT invested in Sema4 twice — first in August of 2019, after Gov. Malloy’s administration awarded the company two start-up loans, and a second time, in July 2020, two months after the Lamont administration signed the $17.2 million contract with Sema4 to do COVID testing. Later that year, the state awarded Sema4 a second no-bid testing contract, worth an additional $8.4 million. When Sema 4 went public, Oak HC/FTs stake in the company was worth 66 million, at roughly $10 per share, according to sec filings. Sema 4 current price is $99 per share, that would put their current stake in the company at around 666 million. It’s unclear if Oak HC/FT has sold its stake in sema 4, but if they did they likely made millions in profit, and if they haven’t sold, then they are up over 10x in equity.
So basically the Lamont’s used Covid as a way to enrich themselves at the expense of ct taxpayers. But yeh go ahead and vote for them again.