Placement Agents Under Fire
Recent allegations of a “pay-to-play” scheme at the New York State Common Retirement Fund has sparked a nationwide conversation on the role of investment middlemen known as placement agents.
Recent allegations of a “pay-to-play” scheme at the New York State Common Retirement Fund has sparked a nationwide conversation on the role of investment middlemen known as placement agents.
More than 900 real estate funds were formed globally during the six years leading up to 2008, raising more than $350 billion in aggregate investment commitments.
William Ferguson and Michael Herzberg, executives at advisory services provider FPL Advisory Group, answer this month’s reader’s question: “How can our company retain quality talent, given the economic downturn?”
Charles “Chas” Freeman Jr. served as U.S. Ambassador to Saudi Arabia from 1989 to 1992 and until recently served as president of the Middle East Policy Council. He is chairman of Projects International, a three-decade-old global business development firm. Ambassador Freeman was the U.S. Assistant Secretary of Defense for International Security Affairs from 1993 to 1994, earning the highest public service awards of the Department of Defense for his roles in designing a NATO-centered post–Cold War European security system and in re-establishing defense and military relations with China.