New York City Votes To End Quadrangle Investment Period

New York City Comptroller William Thompson just released a statement, saying that the City's pension funds have voted in favor of terminating Quadrangle Group's investment period. My gut says this is a handy PR ploy -- vote to kill the investment period even though most other LPs won't. Actually, it's a bit more than my gut, since I know that LPs have wrested a bunch of concessions out of Quadrangle, in exchange for agreeing not to vote (absence of vote keeps investment period alive). Anyway, more about this Monday, and the full statement is after the jump:

North AmericaUS