Sentences with phrase «placement agent»

He has promoted the integrity and professionalism of the pension fund, being one of the first to call for a ban on private placement agents in 2009.

I have banned placement agents and lobbyists and ended «pay to play» in the pension system.

I have banned placement agents and pay - to - play practices, and I have increased transparency in pension fund transactions.

In a landmark international capital markets transaction, Milbank, Tweed, Hadley & McCloy LLP advised BNP Paribas, Deutsche Bank, JP Morgan and Viet Capital as placement agents in the initial public offering by Vietnam's leading budget airline, VietJet Aviation Joint Stock Company.

Update: A reader points out that it's also fair to mention political consulting firm Global Strategy was hit with an even larger, $ 2 million fine for its role in the scandal, as was Quadrangle LLC, which was fined $ 7 million; GKM Newport Generation Capital Services, LLC was fined the equivalent of $ 1.6 million; California lobbying firm Platinum Advisors was fined $ 500,000; and unlicensed placement agent Kevin McCabe, $ 715,000.

DiNapoli said he has changed the culture of the fund and has done away with placement agents.

Global Alternative Investment Services, Inc. is a registered broker - dealer that acts as placement agent for certain funds and provides wholesaling support services to GAI.

CU did give incumbent Democratic Comptroller Tom DiNapoli credit for making changes after taking over from his disgraced predecessor, Alan Hevesi, that improved transparency and addressed the issue of placement agents and fundraising vis - a-vis the pension fund.

LLC acted as sole placement agent on the transaction.

AXON Partners, with offices in Switzerland and the UK, acted as exclusive placement agent for the fund.

In addition, GKM Newport Generation Capital Services will pay the equivilent of $ 1.6 million, California lobbying firm Platinum Advisors will pay $ 500,000; and unlicensed placement agent Kevin McCabe (a former political strategist for ex-NYC Council Speaker Peter Vallone Sr.) will pay $ 715,000.

With his office still smarting from scandal, state Comptroller Tom DiNapoli decided in 2009 that to protect the state pension fund, he would ban the use of so - called placement agents.

The three - year review by Michigan - based Funston Advisory Services says the Common Retirement Fund's 2009 decision to ban paid placement agents used by other pension funds does not appear to have kept it from accessing qualified outside investment managers.

Cuomo last year said that «systemic corruption» issues remain at the office, as DiNapoli made some moves to ban placement agents steering business to the fund.

His flurry of ventures doesn't suggest someone preparing to run for president, according to a dozen fund managers, lawyers, and private - placement agents who were apprised of his recent activities by Bloomberg Businessweek.

«Scott was among the first to call for a ban on private placement agents for City pension investment and also worked to advance shareholder initiatives to align corporate executive pay with long - term performance, promote workplace diversity, increase transparency and sustainability, and disclose corporate political spending.»

«Mr. DiNapoli has an obligation to let the public know about his role in the meetings in question, his thinking behind the decision to make the investments under investigation, and about any other politically - connected placement agents his office may have met with and accommodated.»

According to Cuomo's complaint, Harding was «inserted» by two ex-aides to Hevesi — David Loglisci and Hank Morris (also caught in Cuomo's pension fund probe net; Loglisci has pleaded guilty, Morris has not)-- as a «sham placement agent» on three pension fund transactions, which netted him over $ 800,000.

We are also interested in a full list of the unregistered placement agents the attorney general has indicated you worked with while serving as comptroller.»

PLA officials suggested at the time that those expenses were related to legal fees paid in 2009 in connection with then - Attorney General Andrew Cuomo's probe of how placement agents won business before the state pension fund.

In 2011, Gov. Andrew Cuomo, who as attorney general pursued investigations of Hevesi, said he wanted to make the ban on placement agents permanent through Department of Insurance regulations.

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.

5) One last municipal issue: pension placement agents.

We have often advised brokerage firm placement agents, registered investment advisors, institutional and high net worth investors, in securities offerings including the preparation and filing of registration statements, drafting the prospectus, conducting due diligence investigations and blue sky filings.

In our Securities Practice, we act as counsel to more than 80 public companies (including 20 Chinese issuers), as well as, numerous FINRA (formerly NASD) licensed underwriters and placement agents in connection with their financing activities, including private placements and public offerings of equity and debt securities.

«For 26 months the process went on with placement agents,» said Wilson.

Democratic consulting firm Global Strategy Group, California lobbying shop Platinum Advisors, GKM Newport Generation Capital Services, LLC, and unlicensed placement agent Kevin McCabe also signed pacts.

Acanthus Advisers, as exclusive placement agent, advised Cairngorm Capital on the fundraising and Fried, Frank, Harris, Shriver & Jacobson LLP provided legal advice.

Further investigations revealed investors» widespread use of so - called placement agents to access pension funds, an arrangement some regulators have likened to pay - to - play.

During Hevesi's time in office, placement agents steered the state's money into investments with their friends» companies.

An affiliated company, Passco Property Management Inc., provides property management services for more than 3 million sq. ft.. Another affiliate, Passco Capital Inc., serves as a registered broker - dealer and placement agent for Passco - sponsored securities, such as tenant - in - common offerings.

Fast - forward to earlier this month, when DFS adopted for the 36th time the emergency regulations that ban placement agents, codifying DiNapoli's own internal policy, as Abbate's bill has languished.

The transaction, in which Goldman Sachs & Co. and Morgan Stanley served as the placement agents, is expected to close in August, Mobileye said.

No placement agent was used; however, Kirkland & Ellis LLP served as fund formation counsel.

No placement agent was used.

The transaction, in which Goldman Sachs & Co (GS.N) and Morgan Stanley (MS.N) served as the placement agents, is expected to close in August, Mobileye said.

In early 2014, Retrophin arranged to carry out a convertible note offering using Barclays as its exclusive placement agent (the «Convertible Note Offering»).

Investors include the Alibaba Hong Kong Entrepreneurs Fund, the World Bank's International Finance Corporation (IFC) and Credit Suisse, which also acted as the round's placement agent.

In addition, organizations providing — or seeking to provide — services to impact investors, such as law firms, investment advisors, ratings agencies, and placement agents, are also invited to apply to join the community.

A Registered Direct is like a PIPE in that securities are typically sold through a placement agent on a «best efforts» basis.

Steven Rattner has exposed the «SMOKING GUN» that Schumer knew that his «BRIAN» Hank Morris was a placement agent making millions of dollars and leaving in a four million dollar plus home in the Hamptons.

The meeting was referenced in the settlement between Global and the AG in which the firm agreed to pay $ 2 million for acting as an unlicensed placement agent.

Schumer is at the center of the Pensiomgate Scandal as early as 2004 or 2005 he knew his «BRAIN» Hank Morris was doing business as a placement agent doing business with Steven Rattner and living in a 4 million dollar plus home in the Hamptons.

«The city was a hard place for private equity firms to navigate,» a placement agent said, adding that firms with the best records didn't bother dealing with the city.

Hank Morris and the Pensiongate scandal does not go to trial till 2011 Steven Rattner has exposed the «SMOKING GUN» that «Kng» Breakfast, Lunch & Dinner Schumer knew his «BRAIN» was a placement agent and was doing business with Steven Rattner.

Steven Rattner has exposed the «SMOKING GUN» that «King» Breakfast, Lunch & Dinner Schumer knew that his «BRAIN» Hank Morris was a placement agent and making millions doing business with Steven Rattner, Rattner says that Schumer (approved) said Hank Morris was a «straight shooter»

Steven Rattner has exposed the «SMOKING GUN» that Schumer knew and approved his «BRAIN» Hank Morris as a placement agent working with Steven Rattner and making millions of dollars.

Steven Rattner has shown us the SMOKING GUN thay «King» Breakfast, Lunch & Dinners Schumer knew that his «BRAIN» Hank Morris was a placement agent doing business with Steven Rattner way back when.

In a settlement deal, he admitted to acting as an unlicensed placement agent, agreed to the AG's Public Pension Fund Reform Code of Conduct and returned $ 52,000 he received in fees plus a $ 26,000 fine.