US - Private equity firm Riverstone Holdings agreed to pay US$30m to the New York State Common Retirement Fund (CRF) to resolve its role in the ongoing state investigation on corruption related to CRF.
The firm has also agreed to adopt the New York State attorney general Andrew Cuomo's Public Pension Fund Code of Conduct. Cuomo said: "Riverstone is the second to adopt our Code of Conduct which...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
