A temporary restraining order removing $200 million in pension fund...

A temporary restraining order removing $200 million in pension fund assets from Tri-Conn II Advisors, a unit of private equity firm Triumph Capital Group, was issued by a U.S. District Court in New Haven, Conn., at the request of Connecticut state Treasurer Denise L. Nappier. Triumph was indicted by a federal grand jury this week for allegedly kicking back $1 million to former state Treasurer Paul Silvester in exchange for his steering pension fund business to Tri-Conn. The court appointed Woodside Capital Management as receiver to manage the assets as part of the restraining order. Harch Capital will continue to subadvise Woodside.