Month: February 2014

A bill expanding the share of New York public pension funds that can be invested in complex, high-risk alternative assets such as private equity and hedge funds has been vetoed by Governor Andrew Cuomo. Read More

Conservative groups said the increase in those making $1 million or more a year in New York doesn't tell the full picture. New York had the slowest growth in the country in millionaires between 2011 and 2012, said E.J. McMahon, president of the Empire Center for State Policy. Read More