Will Pay-to-Play Enter New Jersey Gov Race?

New Jersey does not have a long history of investing in private equity, making its first fund commitments just four years ago. But that doesn't mean that private equity won't become an issue in next week's gubernatorial election, where incumbant John Corzine is struggling to fend off Republican challenger Chris Christie. Christie needs to land just a few more body blows, and sources say that he may try a last-minute attempt to link Corzine with the growing rash of pay-to-play scandals involving state pension systems and private equity.

26 October 2009•2 mins read
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