During today’s meeting of the New Jersey State Investment Council, private equity executive Robert Grady said he is stepping down from the chairmanship of the panel, according to a report iN International Business Times.
“As Chris Christie draws closer to a run for president, there’s intensifying scrutiny of donations flowing to his political organizations from executives at financial firms that manage ever-larger slices of New Jersey’s $80 billion state pension system,” according to the report. “Now, the Christie political confidant at the center of many of those questions is resigning.”
Read the IBT report here.
