Advertisement
YOU ARE HERE: LAT HomeCollectionsEquity

Business Briefing / Investing

Four firms settle in pension probe

September 18, 2009|Times Wire Reports

Four more private equity firms involved in a corruption scandal at New York's public pension fund have agreed to pay restitution and to stop using politically connected middlemen to win pension fund business, state Atty. Gen. Andrew Cuomo said.

Combined, HM Capital Partners, Levine Leichtman Capital Partners, Access Capital Partners and Falconhead Capital will pay about $4.5 million to the state's common retirement fund.

Advertisement
Los Angeles Times Articles
|
|
|