He has considerable experience in advising both pension scheme trustees and product issuers in relation to
pension fund investment including in relation to all forms of investment products and structures.
She gave up her full time job
managing pension fund investments almost immediately, and after two years decided to leave paid employment and work for herself on a part - time basis.
Stand - up comedian Randy Credico, who helped bring about reform of the state's Rockefeller Drug Laws, is now setting his sights on the New York state comptroller's office, where he is protesting against state
pension fund investments in the private prison industry.
During a telephone press conference this morning, Cuomo and his special counsel, Linda Lacewell, confirmed an April 5, 2007 meeting between Global Strategy Group's Jon Silvan, a partner from Intermedia (a private equity investment firm
seeking pension fund investments) and a MirRam Executive and DiNapoli at his Manhattan office is part of the AG's probe.
He also pledgde to forgo any future payments in connection with the NYC Police and
Fire pension fund investments in his firm, GF Capital Private Equity GP, LLC.
State Comptroller Tom DiNapoli on Wednesday said he is
reviewing pension fund investments to guard against BDS affiliations that could harm Israeli - based businesses the fund has bought into.
The stock market collapse of 2008 decimated
public pension fund investments, and municipalities are now being asked for greater contributions to make up for the losses.
Hard to know, just as it's hard to know how much damage Mr. Hevesi did in handing $ 250 million in
pension fund investments over to Markstone Capital Partners.
She advises Auditchain, the first decentralized, continuous audit and reporting protocol ecosystem, and serves on New York State's Common
Retirement Pension Fund Investment Advisory Committee and the UAW Retiree Medical Benefits Trust's Risk Committee.
«Hevesi brazenly sold access to New
York Pension Fund investments — a betrayal of the public trust that went to the heart of his duties as Comptroller.
An FBI investigation into Bruno's consulting bidness and
pension fund investment deals (involving union locals in the Albany area, not CRF) has dragged on for several years.
He was involved in Hevesi's pay - to - play state
pension fund investment scam through the «Common Retirement Fund,» of which Hevesi had sole authority over from 2003 to 2006.
Thursday afternoon, more than 100 New Yorkers, led by a coalition of environmental activist groups, delivered 11,000 signatures on a petition to the Comptroller's office in Manhattan, urging Thomas DiNapoli to
overhaul pension fund investments.
Just two days after New York legislators passed first - in - the - nation gun law reforms in response to the Sandy Hook Elementary School shootings, the state's chief financial officer
says pension fund investments in firearm companies have been frozen.
The state comptroller, Thomas DiNapoli, and the New York City comptroller, William Thompson Jr., have proposed
banning pension fund investments that involve placement agents.
The AP reminds us that Morris was accused of using his ties to Hevesi to extract millions of dollars in kickbacks from financial firms seeking a role in
handling pension fund investments.
According to Cuomo's office, Global received approximately $ 1.3 million for
facilitating pension fund investments in private equity funds managed by Intermedia Advisors, LLC and Clayton, Dubilier & Rice.
Hevesi admitted that in
awarding pension fund investments, he «improperly favored» a venture capitalist who paid for at least $ 75,000 worth of travel expenses to Israel and Italy for the comptroller, his family and other officials.
The little - known placement agents moved into the national spotlight last year when New York Attorney General Andrew Cuomo revealed a «pay - to - play» scandal, payments to
get pension fund investments, resulting in five guilty pleas so far.
Continued diversification of the real estate assets that back the securities are adding safety, and expansion of the CMBS investor base is expected to continue, especially
if pension fund investment rules change this year, as expected, to allow institutional investors to buy a broader range of CMBS product.
According to the National Council of Real Estate Investment Fiduciaries (NCREIF), which
tracks pension fund investments, 41.5 % of pension fund money currently is invested in the office sector, followed by industrial (19.6 %), multifamily (18.5 %), retail (17.1 %), and hotels (3.4 %).
With backgrounds
as pension fund investment managers, consultants, attorneys, and investment bankers focused exclusively on real estate, we are able to provide our clients with a high level of real estate, financial, and valuation expertise.
Thus the amount and performance
of Pension Fund investment is significant to the level of the employer's contribution, and determines the need for effective management of the Fund.»
While announcing he had reached new settlements in his probe, Cuomo's office admitted an April 5, 2007 meeting that took place between Global Strategy Group's Jon Silvan, a partner from Intermedia (a private equity investment firm
seeking pension fund investments) and a Mirram Executive and DiNapoli at his Manhattan office has caught the interest of investigators.
He also pledge to forgo any future payments in connection with the NYC Police and
Fire pension fund investments in his firm, GF Capital Private Equity GP, LLC.
State Comptroller Tom DiNapoli said he is
reviewing pension fund investments to guard against BDS affiliations that could harm Israeli - based businesses the fund has bought into.
«
Public pension fund investments should not carry even the faintest whiff of secret handshakes in the shadows with politically connected influence peddlers,» Lockyer said in a news release.
In his court statement, Hevesi admitted accepting the $ 1 million in benefits and trips, including several campaign fundraising swings through California, in exchange for approving a $ 250 million
pension fund investment in Markstone Capital, the investment fund that had been run by California money manager Elliot Broidy.
Benefits depend on how much was contributed in the employee's name and how well
the pension fund investments performed.
And then earlier today, Cuomo and his special counsel, Linda Lacewell, confirmed a 2007 meeting between DiNapoli, MirRam, Global and a partner from Intermedia, a private equity investment firm that was seeking — and received —
pension fund investments, is indeed part of the pay - to - play probe.
«We appreciate the leadership of the Mayor and the pension trustees in requiring a study on the climate impact of
the pension fund investments.»
DiNapoli says when the sponsors of the recent Paris Climate Change Conference heard about
the pension fund investments, he was invited to the conference and to sit on one of the panels talking about the issues.
At the time, the Callaghan campaign had raised questions about some of Hevesi's
pension fund investments — including its dealings with Markstone.
Hevesi admitted to receiving free travel in exchange for a sweetheart $ 250 million
pension fund investment.
In announcing the probe, the comptroller's office noted that
pension fund investments in Israel have done well.