Comptroller Thomas DiNapoli in Rochester to promote in-state private equity program
Created: 09/16/2013 12:21 PM WHEC.com
State comptroller Thomas DiNapoli was in Rochester Monday promoting the one-billion dollar in-state private equity program.
He took a tour of the Oyagen building, a bio-technology company in Henrietta. The company has received $1.4 million in funding from the state pension fund since 2006.
DiNapoli said the purpose of the equity program is to make sure the pension fund is investing in jobs in New York State.
Thomas DiNapoli, NYS Comptroller, said, "So we want to be sure that although this program is doing very good things for the state that it's meeting our first objective, which is to make money for the pension fund so, of growing the economy, growing jobs in our state."
Right now, Oyagen employees are working on finding a cure for HIV and AIDS.