Neel Kashkari will get a lift from a newly formed independent expenditure committee in the final days of the gubernatorial primary campaign, with Republican benefactor Charles Munger Jr. and billionaire Robert Day financing mailers supporting Kashkari and opposing rival Tim Donnelly, according to reports filed with the state Wednesday.
A group called "Californians for Kashkari for Governor 2014" filed its statement of organization on Monday, with a $350,000 donation from Munger and $50,000 from Day, chairman of Trust Company of the West. James Hunter, vice chairman of Baron Real Estate, donated $10,000.
The group on Wednesday reported spending on mailers supporting Kashkari and opposing Donnelly.
The independent expenditure committee's formation comes as Kashkari, a former U.S. Treasury Department official, tries to make up ground on Donnelly, a tea party favorite and the frontrunner among Republicans running for governor.
Kashkari has recently donated $2 million of his own money to his campaign.
PHOTO: Neel Kashkari prepares for an interview at KFBK radio in Sacramento on Feb. 19, 2014. The Sacramento Bee/David Siders