For John Edwards, the Democratic presidential candidate, the 14 months he spent as a paid senior adviser at Fortress Investment, a $29.7 billion hedge fund and private equity firm, helped him to bond with the fund’s liberal-leaning executives, several of whom have given money to Mr. Edwards.
As to what Mr. Edwards, a trial lawyer with no previous financial markets experience, did at Fortress, an adviser to the candidate said that Mr. Edwards “advised on where there might be investment opportunities and where he saw the global economy going.” Mr. Edwards resigned from Fortress last month before declaring his candidacy.