According to the first filing of spending in the Newark race for Mayor, the hedge fund managers’ group Education Reform Now has given $850,000 to Shavar Jeffries, a charter school supporter.

Jeffries’ spending is about triple the spending of his chief opponent Ras Baraka, and the gap is expected to grow given the deep pockets of Jeffries’ supporters on Wall Street.

The Network for Public Education has endorsed Ras Baraka for mayor, in light of his opposition to closing public schools. He is a high school principal and a member of the City Council of Newark.