One response to “Report: New York and SEC Investigating Payments by Carlyle Group and Others to Pension Fund Placement Agents”

  1. […] The Carlyle Group stated that it has “stopped using finders to ensure the integrity of the investment process” following the indictment of a New York state political figure to whom it paid $12 million in finder’s fees.  The FT reports that the change in policy is part of the fall out from an investigation by the Securities and Exchange Commission and the New York AG’s office into alleged kickbacks paid to secure money from New York’s $105 billion Common Retirement Fund (previously discussed here). […]