Skip to main content

Breaking: Cuomo In Carlyle's House

New York Attorney General Andrew Cuomo has just announced an agreement with The Carlyle Group, which includes a $20 million fine and Carlyle's agreement to sign a "code of conduct" that would preclude, among other things, PE firm employees or employee family members from contributing to pension officials (within two years of doing biz with the pension).

No word yet on voluntary self-regulation when it comes to associate fashion.
Cuomo To Announce New Kickback Developments [PEHub Liveblog]