December 6, 2017
NYU Trustee Joseph Landy and entities affiliated with Board Vice Chair Laurence Fink and Board Chair William Berkley were implicated in the Paradise Papers for having offshore funds in Bermuda, a low-tax haven, according to documents released by the International Consortium of Investigative Journalists.
Landy and entities affiliated with Fink and Berkley were implicated in the Appleby leak of the Paradise Papers, which is current through the year 2014. This leak consists of millions of documents leaked to the ICIJ which belonged to the law firm Appleby, which specializes in “offshore legal services” for companies with offshore holdings.
Landy, who graduated from the Stern School of Business in 1996, is the the co-CEO of the investment firm Warburg Pincus, LLC. Landy was connected to 13 offshore entities of Warburg Pincus, LLC in Bermuda. Bermuda