Remember Arabella Advisors? Eighteen months ago, Scott Walter literally wrote the book on the dark-money organization that sought to remake America into its preferred Marxist image. ARABELLA: The Dark Money Network of Leftist Billionaires Secretly Transforming America explained how billionaires, inside of America and out, supplied massive amounts of financing to supposedly “grassroots” organizations on the hard Left, using various issue-related “storefronts” to hide the high-level coordination by the oligarchs that the Left supposedly opposes.
At the time, Arabella Advisors got its financing through names like Bill Gates, Mark Zuckerberg, Pierre Omidyar, Hans-Jörg Wyss, and more. These billionaire activists needed the complexity of Arabella to hide their political manipulations, Walter explained in our interview, and to make it difficult for critics and opponents to “follow the money.”
Keep that point in mind when considering this week’s news:
NEW: Stick a fork in Arabella Advisors.
The powerful progressive philanthropic consulting firm is no more.
Instead, Arabella’s managed funds are investing in a new vehicle that will effectively bring Arabella’s services in house to each of the funds.
And Arabella Advisors…
— Teddy Schleifer (@teddyschleifer) November 18, 2025
… And Arabella Advisors won’t exist anymore.
Is that true? Literally, at least, the answer is yes:
Sunflower Services, a new Public Benefit Corporation financed by lead investor New Venture Fund (NVF) with financial support from the Windward and Hopewell Funds, today announced its acquisition of Arabella Advisors’ fiscal sponsorship servicing business.
Sunflower Services will acquire the existing infrastructure and the operations team previously housed within Arabella Advisors. Sunflower will now provide operational and administrative services to NVF, Windward Fund, Hopewell Fund, and several other nonprofit projects and organizations. Arabella Advisors will cease operations, and Sunflower Services will ensure continuity for clients and staff.
Arabella has already “ceased operations,” at least as previously constituted. The question is whether the Arabella project has really ended, or whether this is yet another attempt as Walter warned that creates complexity as a smokescreen.
There may well be less reason for Arabella in any form. Both Bill Gates and Mark Zuckerberg have publicly renounced their previous political activism and have pledged to focus more on actual philanthropy instead. Both men have expressed regrets over how their money got used to manipulate elections, Zuckerberg in particular. Both, along with non-Arabella figure Jeff Bezos, have reached accommodations with Donald Trump’s new administration; for that matter, so has Alphabet’s Sundar Pinchai, also not connected to Arabella. The money may be drying up for the organization, and its leadership may have decided to fold its infrastructure into more modest activist models.
However, the Daily Caller reported today that the House Oversight Committee smells a rat. Chair James Comer has launched a probe of a different entity, partly funded by George Soros, that may have become Arabella under a different shingle:
The Sixteen Thirty Fund — whose donors include nonprofits tied to billionaire George Soros — is a nonprofit that has been accused of trying to sidestep campaign-finance disclosure rules enforced by the Federal Election Commission (FEC) and Justice Department. It also bypasses standard media-ethics practices meant to differentiate real journalism from paid political work that must be disclosed, according to Comer.
In letters sent Wednesday to Sixteen Thirty Fund President Amy Kurtz and Sunflower Services CEO Allan Williams, Comer wrote that the Fund’s “Chorus Creator Incubator Program” appears to pay participants to amplify Democratic messaging online through secretive contracts that limit transparency about payments and tightly control the political content they produce.
Two days prior, Arabella Advisors announced that Sunflower Services — a new Public Benefit Corporation (PBC) backed by lead investor New Venture Fund (NVF) and supported by the Windward and Hopewell Funds — is acquiring Arabella Advisors’ fiscal-sponsorship business.
Arabella oversaw a network of dark money groups that channel hundreds of millions of difficult-to-trace dollars into left-leaning political organizations and advocacy efforts.
“The Committee on Oversight and Government Reform works to uphold fundamental American civil liberties and protect the integrity of American elections,” Comer said. “To this end, we are investigating reports of new activities by Sixteen Thirty Fund— an entity with books that have long been in the care of Arabella Advisors.”
If Sixteen Thirty isn’t Arabella under a new shingle, it is still Arabella’s sibling. Politico reported this week on its massive outlays, as well as its duplicative roster of funding sources amongst the progressive oligarchy:
As a 501(c)4 group, Sixteen Thirty Fund is not required to disclose its donors, though past donors have included the nonprofit led by Swiss billionaire Hansjörg Wyss as well as the philanthropic network started by megadonor George Soros. Even though the group has said it supports reforms — backed by many on the left — that would require more transparency into nonprofits, Sixteen Thirty Fund’s fundraising and spending prowess signals that opaque and deep-pocketed left-leaning political funding hubs aren’t going anywhere.
More than 60 percent of Sixteen Thirty Fund’s revenues in 2024 came from just five benefactors who cut eight-figure checks to the group, including one who gave $58.9 million and another who gave $51.4 million, according to the filings.
The fund reported pouring almost $63 million into super PACs and other groups for political purposes, in addition to dropping more than $15 million on Sixteen Thirty Fund’s own direct political spending. That included $6.7 million to Your Community PAC, a super PAC that became a major last-minute spender in support of former Vice President Kamala Harris and Democratic House and Senate candidates in red states.
Sixteen Thirty Fund also gave to the main super PACs supporting House and Senate Democrats and the Harris campaign. Roughly another $2 million went to Retire Career Politicians and Civic Truth Action each, super PACs that spent heavily to boost the independent challenger to Nebraska GOP Sen. Deb Fischer as well as third party presidential candidates that could’ve eaten into President Donald Trump’s votes.
All told, Sixteen Thirty poured over $310 million into the 2024 cycle, all on behalf of Democrats or primary challengers to Republicans. The fund also contributed $6.8 million directly to Arabella. Hence the interest by Comer and Republicans on the House Oversight Committee as to the funding of both, and whether either has been used to launder foreign money to directly benefit candidates for office.
And hence the need for the “complexity” that Scott Walter reported as a key element to the strategy behind Arabella.
Arabella Advisors may be technically defunct, but don’t think for a minute that its heart is still beating as a transplant into another Frankenstein monster altogether.
If you missed the April 2024 podcast with Scott Walter, watch it now. The names may change, but you can bet that the game remains the same.
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