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Donor

Ah Capital Management

Company / nonprofit

California

2 gifts to 2 groups, as reported to the FEC by the groups that received them.

Loser

Ah Capital Management gave $24M to super PACs and other outside groups in the 2026 federal elections, and 85% of it helped Republicans (FEC filings through Oct 14, 2026). Counting dollars, not candidates, and only races already called, 20% ended up on the winning side ($938K won, $3.7M lost, with $257K in races still being counted).

Gave to outside spenders

$24M

85% of it helped Republicans

Ended up on the winning side

20%

$938K of the dollars in races already called

Spent on the losing side

$3.7M

$257K still being counted

Not spent yet

$19M

Sitting with groups that have not spent

Where the cheques went

A company, LLC or nonprofit. Where its money came from is not reported. Each gift is split the way the group that received it split its spending between winners and losers, so a $10M cheque to a group that spent 80% on losers counts as $8M on the losing side.
✓ Backed the winner or attacked the loser ✗ Backed the loser or attacked the winner Race not called yet Result not matched
GroupGaveHow the group spent itWon / lost
Fairshake

$19M not spent yet

$24M
$929K / $3.5M
Senate Leadership Fund

$24K not spent yet

$250K
$9K / $206K

The trail

What the money bought

The candidates Ah Capital Management's money was spent for or against, pro-rated by Ah Capital Management's share of each group's funding.
CandidateRaceSpendingTheir sharePaid off?
Juliana StrattonIllinois Senate (primary)Attacking$2.4M✗ No
La Shawn FordIllinois 7th District (primary)Attacking$595K✗ No
Bryan SteilWisconsin 1st DistrictSupporting$246K✗ No
Janelle BynumOregon 5th DistrictSupporting$245K✓ Yes
French HillArkansas 2nd DistrictSupporting$245KCounting
Bill HuizengaMichigan 4th DistrictSupporting$245K✗ No
Derek TranCalifornia 45th DistrictSupporting$244K✓ Yes
Steven HorsfordNevada 4th DistrictSupporting$244K✓ Yes
Robert PetersIllinois 2nd District (primary)Attacking$196K✓ Yes
Sherrod BrownOhio Senate (special)Attacking$60K✗ No
Josh TurekIowa SenateAttacking$31K✗ No
Abdul El-SayedMichigan SenateAttacking$30K✗ No

Company / nonprofit as classified from the FEC entity type and public reporting.

Questions people ask

How much did Ah Capital Management spend on the 2026 elections, and did it win?
Ah Capital Management gave $24M to super PACs and other outside groups in the 2026 federal elections, and 85% of it helped Republicans (FEC filings through Oct 14, 2026). Counting dollars, not candidates, and only races already called, 20% ended up on the winning side ($938K won, $3.7M lost, with $257K in races still being counted).
Which super PACs did Ah Capital Management fund in 2026?
Fairshake ($24M), Senate Leadership Fund ($250K).
Which candidates did Ah Capital Management's money end up backing or attacking in 2026?
against Juliana Stratton (Illinois Senate, about $2.4M, lost); against La Shawn Ford (Illinois 7th District, about $595K, lost); for Bryan Steil (Wisconsin 1st District, about $246K, lost). Amounts are the donor's share of each group's spending.