Quadrangle and GKM paid fees to former state Comptroller Alan Hevesi's political consultant, Hank Morris, to
arrange pension fund investments.
Not exact matches
Faso was never accused of a crime or personally held liable for the improper
pension contact, but the Albany Times Union cited «a source close to the investigation» in reporting that «Faso
arranged or tried to
arrange meetings between the
investment firm Kellner DiLeo & Co. and officials at the state Common Retirement
Fund, as well as the teachers, police and firefighter
funds.»
Rattner's former firm, Quadrangle Group, has said Rattner
arranged payments of more than $ 1 million to a political operative to obtain a $ 100 million
investment from the New York State Common Retirement
Fund, one of the largest
pension systems in the country.
According to the SEC complaint, the $ 100 million
investment from the New York
pension fund came only after the Quadrangle executive
arranged for a Quadrangle affiliate to distribute the DVD of a low - budget film called «Chooch,» which was produced by the brother of former New York state deputy comptroller David Loglisci.