US - Two companies have agreed to pay back a total of US$19m to resolve their roles in the ongoing investigation into pay-to-play practices at the New York State Common Retirement Fund (CRF).
Israeli venture capital firm Markstone Capital Group will return $18m to the CRF and Wetherly Capital Group and its broker-dealer DAV/Wetherly Financial will return $1m associated with CRF investme...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date