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===[[Dark money]] scam===  

===[[Dark money]] scam===  

White launched DuSable Capital Management on July 16, 2013. According to its initial [[SEC]] filing the firm claimed it will focus on global investments with specific interest in [[Malaysia]], [[Russia]],  [[Indonesia]], [[Burma]], [[Brazil]], Mexico and [[India]], <ref>https://web.archive.org/web/20131024135901/http://www.adviserinfo.sec.gov/Iapd/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=203650</ref> Shortly after its launch, DuSable raised a $505,000,000 fund called the Yurus Private Equity I, LP.

White launched DuSable Capital Management on July 16, 2013. According to its initial [[SEC]] filing the firm claimed it will focus on global investments with specific interest in [[Malaysia]], [[Russia]],  [[Indonesia]], [[Burma]], [[Brazil]], Mexico and [[India]], <ref>https://web.archive.org/web/20131024135901/http://www.adviserinfo.sec.gov/Iapd/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=203650</ref> Shortly after its launch, DuSable raised a $505,000,000 fund called the [[Yurus Private Equities Fund|Yurus Private Equity I, LP]].

:*In its 26 month existence it only had one client - 1Malaysian Development Berhad (1MDB) - which lost $3.5 Billion in the interim. 1MDB paid DuSable $69 million to severe a partnership agreement that DuSable made no investment in. Some of the proceeds were donated to Democrat congressional and gubernatorial campaigns.<ref>http://www.sarawakreport.org/2015/11/1mdb-sleaze-spreads-to-us-democrats-on-eve-of-obama-visit-investigation/</ref>

 

In its 26 month existence it only had one client - 1Malaysian Development Berhad (1MDB) - which lost $3.5 Billion in the interim. 1MDB paid DuSable $69 million to severe a partnership agreement that DuSable made no investment in. Some of the proceeds were donated to Democrat congressional and gubernatorial campaigns.<ref>http://www.sarawakreport.org/2015/11/1mdb-sleaze-spreads-to-us-democrats-on-eve-of-obama-visit-investigation/</ref>

==See also==

==See also==