CalPERS to consider requiring placement agents to register as lobbyists
Highly paid financial intermediaries at the center of a growing uproar over the way California's huge public pension plan invests its money may soon be required to register as government lobbyists and regularly report their fees and clients...But critics call the plan an overreaction to what they...
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ONCE AGAIN CALLING FOR A POLITICAL PRE-NUP
By: DennisMc
The Washington Post has reported that more than 30 lawmakers and a few staff members were under scrutiny, including nearly half the members of the House Appropriations defense subcommittee. The sad part of this story is that any of these Representatives if indicted will be able to use campaign funds to pay their legal fees. So ...
about 1 month ago
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- News Source: Sacramento Bee | 23 days agoSources said the legislation could be unveiled early next week, but declined to comment publicly in advance of the announcement...The legislation would also prohibit contingency fees in which placement agents receive a percentage of whatever...
- News Source: Los Angeles Times | 24 days agoHighly paid financial intermediaries at the center of a growing uproar over the way California's huge public pension plan invests its money may soon be required to register as government lobbyists and regularly report their fees and clients...But...
- News Source: Sacramento Bee | 24 days agoSources speaking on condition of anonymity confirmed today that legislation could be unveiled as early as Monday...Placement agents are middlemen hired by private equity firms to seek investments from public pension funds. Sources said the...
- News Source: Asian Wall Street Journal | 24 days agoCalifornia's state controller is drafting legislation that could curb pay for financial middlemen, whose fees have sparked an internal investigation at giant public pension fund Calpers, according to people familiar with the matter. Under the measure...
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- Blog Source: crittercollectibles.comPlacement agents are the middlemen who work to secure public pension fund investment dollars for their private equity firm clients and pocket big commissions. Feckner also said CalPERS will consider “additional and more formal reforms” ...
- Blog Source: crittercollectibles.com“In light of concerns regarding placement agents, I have cautioned my fellow board members to not meet with representatives from placement-agent firms at least until the special review is complete,” Feckner said in his statement. ...
- Blog Source: www.r8ny.comNo placement agents were used in the transactions. DiNapoli publishes monthly transaction reports that detail the nature, size, and parties of Fund investments. The report also indicates whether a third-party placement agent was used in ...
- Blog Source: www.pehub.comJefferies' Fund Placement Group is one of the world's leading international placement agents and advisors for private equity funds, with 25 professionals operating from offices in London, New York, San Francisco and Singapore. ...
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Video Source: www.truveo.comHedge Fund Private Placement ...Video Source: www.truveo.comHedge Fund Private Placement Memorandum
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