Violation Tracker Individual Record

Riverstone Holdings LLC
Current Parent Company: 
Riverstone Holdings
June 11, 2009
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

The New York Attorney General announced an agreement with private equity firm Riverstone Holdings LLC to reform the public pension fund investment system and to resolve Riverstone's role in an investigation of corruption involving the New York State Common Retirement Fund (CRF). Riverstone agreed to adopt the AG's Public Pension Fund Code of Conduct and pay $30 million in restitution to the CRF.

Level of Government: 
Action Type: 
agency action
New York Attorney General
Civil or Criminal Case: 
Facility State: 
New York
HQ Country of Parent: 
HQ State of Parent: 
New York
Ownership Structure of Parent: 
privately held
Major Industry of Parent: 
private equity (including portfolio companies)
Specific Industry of Parent: 
private equity (including portfolio companies)
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.