Gold Bridge LLC, a San Francisco based investment firm owned by high-profile local Kenwood resident Darius Anderson, was one of more than 100 companies subpoenaed by the New York State Attorney General’s office as part of a national probe into public pension fund corruption.
Neither Anderson, nor his attorney were available for comment when contacted by The Sun. Anderson has not been accused of any wrongdoing. However, The New York Times reported that officials are looking at one deal in which Gold Bridge acted as the placement agent for a New York state pension fund.
Anderson is reported to own a 75 percent stake in Gold Bridge as well as Kenwood Investments, also in San Francisco. Another of Anderson’s companies, Platinum Advisors is reported to be a major Sacramento lobbying firm. Locally, Anderson is known for his recent acquisition of Ramekins cooking school.
Increasingly, investment firms are coming under scrutiny from investigators who want to watch whether placement agents receive payment for their finance expertise or their political access.
Local’s firm subpoenaed over pension funds
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