Former President Bill ClintonWilliam (Bill) Jefferson ClintonWith Ryan out, let’s blow up the process for selecting the next Speaker When Barbara Bush praised Bill Clinton, and Clinton praised the man she loved Meet the Democratic sleeper candidate gunning for Senate in Nebraska MORE will host a New York City event with major Democratic donors for Priorities USA, the pro-Obama super-PAC, The Hill has confirmed.

The decision is the latest sign of increased activity on behalf of Obama by the popular former president. He'll also give a prime-time speech at the Democratic National Convention in early September.

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The event is not technically a fundraiser, as invitees do not have to commit to donating beforehand, but a briefing for potential donors to the group on the race's state of play.

The group has reserved $30 million in ad time, more than the actual amount they've raised so far this campaign. The event with one of the Democratic Party's most popular figures could help them close that gap.