Tag:
Middlemen
Latest Headlines
Latest Headlines
Defending pension fund middlemen
Is the angst about those shadowy middlemen that place pension money with specific funds tainting legitimate industry consultants? It seems that way to the Blackstone Group. Bloomberg notes that Blackstone's Park Hill unit "has raised $104.2 billion for 65 funds since its creation in 2005."
End of the road for Rattner?
Steven Rattner seemed to live a charmed life in New York for the longest time. He was a New York Times ' wunderkind reporter (James Reston's assistant, a coveted post in a bygone era) turned Morgan Stanley banker and then later major fund-raiser for the Democrats. His investment firm Quadrangle
More on pay-to-play in the PE industry
New York Attorney General Andrew Cuomo is taking a look at some big-name private equity funds and whether they engaged in pay-to-play shenanigans with state investments, the Washington Post reports. The news follows a move by Cuomo and the SEC to file criminal and civil charges last month agai
