DC attorney general closes investigation into left-wing dark money network tied to his office

Published April 9, 2024 5:00am ET



Washington, D.C., Attorney General Brian Schwalb is no longer investigating Arabella Advisors, the $1 billion left-wing dark money network sharing connections to his office, according to a lawyer for Arabella’s funds.

The investigation’s end comes months after Schwalb, a Democrat, issued subpoenas last year to Arabella Advisors and the consulting firm’s offshoot nonprofit organizations, which conservatives in recent years have increasingly accused of violating federal law to boost Democrats. It also comes on the heels of a March ruling from a Washington, D.C., district judge authorizing discovery in a lawsuit against New Venture Fund by its former employee Sarah Walker, who is accusing the Arabella-managed group of racial and gender discrimination, as well as retaliating against her for warning about New Venture Fund engaging in alleged tax fraud.

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