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The Koch brothers are coming to town and not just for a stroll on San Diego's beaches. The conservative billionaire brethren will be holding a political convention in hopes of raising some serious cash to take down Obama and other Democratic candidates.

According to Politico the brothers are looking to surpass the $395 million fundraising goal.

"It’s part of an ambitious expansion of the billionaire brothers’ political operation that includes the recruitment of new donors and fundraisers into their network by a development team led by summit emcee Kevin Gentry, and their recent hiring of in-house political operative Marc Short to oversee the spending of funds raised at the summits, reads the article.

A spokesperson declined to reveal the location of the political summit when asked by Politico but did say the summit is set for June 23.

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