PE's Scandal Arrives

May 2009
Mergers & Acquisitions Report;5/4/2009, Vol. 22 Issue 18, p15
The article reports on a developing political scandal that is threatening to affect various private equity firms that received funding from the New York State Common Retirement Fund. New York's former Deputy Comptroller David Loglisci has been charged by the U.S. Securities and Exchange Commission of helping orchestrate a pay-to-play scheme involving the pension's private equity (PE) investments. Political adviser and fundraiser Henry Morris was also charged.


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