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Federal prosecutors have been investigating DC’s pension board, responsible for $10 billion retirement fund

JANUARY 28, 2022 | by Julie Weil | THE WASHINGTON POST

By Julie Zausmer Weil, includes “… The request seeks documentation of a variety of financial transactions, including, specifically, records of payments to investment managers and investment consultants. …  the retirement board has a long-standing practice of reporting only a portion of the investment management fees that it spends, and that the board did not mention the existence of a large fund for its outgoing executive director to the D.C. Council …”

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