TITLE

SEC reg recipe for poor returns?

AUTHOR(S)
Potkewitz, Hilary
PUB. DATE
November 2009
SOURCE
Crain's New York Business;11/16/2009, Vol. 25 Issue 46, p3
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that the overseers of the New York State Common Retirement Fund have declared in April 2009 that they would no longer make investments with placement agents. As stated, placement agents are outside sales and marketing teams used by money managers to push their hedge funds and private equity partnerships. In addition to this, the Securities and Exchange Commission quickly has imposed a universal ban on placement agents in all government pension transactions.
ACCESSION #
45515599

 

Related Articles

  • NY Common probes funds mentioned in indictment. Jacobius, Arleen // Pensions & Investments;4/20/2009, Vol. 37 Issue 8, p16 

    The article reports that New York State Common Retirement Fund, Albany, New York is investigating the 20 private equity and hedge funds. Funds include Access U.S. General Partners LP, Access/NY European, and others. Fund officials are evaluating the procedures, performance and expectations of...

  • PE's Scandal Arrives.  // 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...

  • New York pension funds boost small business.  // NYSUT United;Jan2016, Vol. 6 Issue 2, p45 

    The article offers information on the New York Common Retirement Fund (CRF), In-State Private Equity Investment Program and New York Credit Small Business Investment Co. (SBIC) Fund.

  • New Year's call: regulation up, hedge funds down. Ridenour, Julie M. // Grand Rapids Business Journal;12/29/2008, Vol. 26 Issue 53, p20 

    The article looks at the concerns over the role of the U.S. Securities and Exchange Commission (SEC) in the credit crisis and the viability of hedge funds in 2009. It recalls trends in the financial market that led to the recession. The risks involved in investing in hedge funds and private...

  • Private Equity Firms Confront SEC Reg Scare. Hintze, John // High Yield Report;2/16/2004, Vol. 15 Issue 7, p1 

    No abstract available.

  • Still out of reach?  // Pensions & Investments;10/13/2003, Vol. 31 Issue 21, p12 

    With the U.S. Securities and Exchange Commission's report on hedge funds, it's not farfetched to envision a public policy proposal to regulate venture capital and other private equity. Although the September 29 report is about hedge funds — it recommends, among other things, the...

  • SEC official: Some private funds need not register. SCHOEFF JR., MARK // Crain's Cleveland Business;3/19/2012, Vol. 33 Issue 12, p0009 

    The article reports on the new regulation that would require private investment funds to register the U.S. Securities and Exchange Commission (SEC). SEC commissioner Daniel Gallagher says that the agency should offer exemptive relief to some of the private equity and hedge funds that the SEC...

  • Private Equity Creates A Seller's Market.  // Treasury & Risk;May2007, p50 

    This article describes how the U.S. market for senior financial executives are flooded by compensation dollars from hedge fund and private equity buyouts, which are not susceptible to pressure from shareholders or the Securities and Exchange Commission (SEC). It offers an overview of the...

  • SEC adds private fund team. BRADFORD, HAZEL // Pensions & Investments;4/14/2014, Vol. 42 Issue 8, p8 

    The article offers information on a special unit created by the U.S. Securities & Exchange Commission's Office of Compliance Inspections and Examinations which focuses on private equity and hedge funds.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics