Carlyle also does investment work for Illinois and Connecticut and has “achieved excellent returns in several funds on their behalf,” Ullman said. Cuomo last month declined to estimate the financial damage to the pension fund due to the improper NY Pension Deals Seen as Focus of Wide Inquiry Investment firms probed over NY pensions: sources
Reuters April 13 () -- Assets of Bernard Madoff’s family members and “feeder funds” that steered money to his investment-management unit were unfrozen after a hearing in a lawsuit over almost $42 million in Fairfield, Connecticut, pension money. Connecticut Town Sues Madoff to Recoup Pension Fund Losses Tucker asks judge to lift freeze Madoff-linked asset freeze eased
“I may be a little bit ahead, but not much,” said Woodward, 39, an employee of United Construction & Engineering Inc. in Torrington, Connecticut. He’s better off than many 401(k) investors in their 30s who began saving a decade ago, according to data
Stamford, Connecticut-based Aladdin said Matthew Eastwick, who previously worked at banks including Credit Suisse, Deutsche Bank and Merrill Lynch, will head the debt capital markets unit. The fund company said two other former bankers, Alternative investment manager launches DCM group
Boston GlobeUBS Reports Losses, Plans To Cut 8700 Jobs GloballyThe spokesman, Kris Kagle, could not immediately provide an updated figure for UBS' total Connecticut labor force. He said the company would probably break down the workforce cuts by division, such as investment banking, when it releases first-quarter Video: Swiss bank UBS to shed nearly 9,000 jobs UBS to Cut 7500 More Jobs After Loss, Asset Outflows UBS sees $1.75B Q1 loss, to cut 8700 jobs
Carlyle’s Pension Investment Said to Spark Probe
15.04.09
By Erik Larson
April 14 (Bloomberg) -- Carlyle Group is being investigated
by New York prosecutors and the U.S. Securities and Exchange
Commission over whether it illegally paid intermediaries to
secure $1.3 billion in investments from the state’s pension
fund, according to a person with knowledge of the matter.
State Attorney General Andrew Cuomo and SEC lawyers are
investigating Carlyle, hedge funds and other private-equity
firms that did business with New York’s employee pension fund,
according to the person, who declined to be identified because
the probe isn’t public.
“Carlyle has fully cooperated with the New York attorney
general’s investigation,” Christopher Ullman , a spokesman for
Washington-based Carlyle, the world’s second-largest private-
equity firm, said today in an interview. “We understand this is
an industrywide investigation and that we are not the focus.”
The investigation is related to civil lawsuits and criminal
charges filed last month by Cuomo and the SEC against former New
York Deputy Comptroller David Loglisci and Hank Morris , a
political adviser. After a two-year investigation, the
governments accused the men of soliciting millions of dollars in
kickbacks from firms managing the state’s retirement fund .
How do I get started in tax lien investment in Connecticut?
Jun 24, 2008 by C P | Posted in Investing
How do I get started in tax lien investment in Connecticut, can I live in CT and invest in Tax Liens in other states and how do I get the information for other states, also what are the best web sites to get free information
Is it a good time to buy land in a rural town in connecticut for investment?
May 28, 2006 by Bullet | Posted in Renting & Real Estate
Land tends to be a terrible investment. The reason is that your only return of investment is through market appreciation. And, the only way to acquire your appreciation is through the sale of the property. In the meantime, you have property taxes to pay.
If you are buying the land for development, make sure you can build or subdivide the land for building before you purchase. Typically, a seller should provide any engineering or survey work that would indicate its suitability for development.
fatalleycat41 | Jun 01, 2006
Is this a good Connecticut based investment firm?
Jul 29, 2007 by Paul W | Posted in Investing
I would like to invest some money into a private investment firm. My research has shown that my best bet is BGW Solutions located in Hartford Connecticut. Has anyone ever done business with BGW Solutions or have any knowledge about their background? They seem like a sound investment firm but I would like some feedback as to if anyone else has or thinks BGW Solutions is a good investment firm. Their website is BgwSolutions.com
Just be aware of the fees and charges associated with what you are doing and read the fine print.
And take all advice for what it is... advice
Your own gut feeling helps no end.
After all advisers have to make commissions on their advice and dont return the money if they are wrong.
at the moment China is printing money like confetti and the rest of the world is lapping it up with cheap products and prices. China based banks are loaning money hand over fist buying up assets willy nilly.
The bubble always bursts eventually
So be careful.
I cannot buy titanium as its all allocated to war planes.
ruthenium prices have jumped from $80 an ounce to over $1000 in 12 months. So keep your wits about you
Connecticut Housing Investment Fund (CHIF)
The Connecticut Housing Investment Fund, Inc (CHIF) is a statewide Community Development Financial Institution providing financing, loan servicing, and technical ...
Reuters April 13 () -- Assets of Bernard Madoff’s family members and “feeder funds” that steered money to his investment-management unit were unfrozen after a hearing in a lawsuit over almost $42 million in Fairfield, Connecticut, pension money. Connecticut Town Sues Madoff to Recoup Pension Fund Losses Tucker asks judge to lift freeze Madoff-linked asset freeze eased
Boston GlobeUBS Reports Losses, Plans To Cut 8700 Jobs GloballyThe spokesman, Kris Kagle, could not immediately provide an updated figure for UBS' total Connecticut labor force. He said the company would probably break down the workforce cuts by division, such as investment banking, when it releases first-quarter Video: Swiss bank UBS to shed nearly 9,000 jobs UBS to Cut 7500 More Jobs After Loss, Asset Outflows UBS sees $1.75B Q1 loss, to cut 8700 jobs
