Page 25 - State Ethics News Today

Here is the ‘recusal list’ of companies that Annie Lamont has invested in.

The list of companies that Annie Lamont's firm invests in includes many in health care and financial technology.

The news Monday that cryptocurrency heavyweight Digital Currency Group would be relocating to Connecticut — creating more than 300 jobs in the burgeoning financial technology sector — could be a major win for Gov. Ned Lamont’s Department of Economic and Community Development. But it was quickly overshadowed by reports that Oak HC/FT, the venture capital firm founded by first lady Annie Lamont, was an early investor in DCG — though Oak HC/FT sold its stake earlier this year, before the st...

The news Monday that cryptocurrency heavyweight Digital Currency Group would be...

Annie Lamont's firm Oak HC/FT invested more than once in Sema4, a company that got $17 million in state contracts on its way to going public.

The coronavirus was spreading rapidly, workplaces were locked down, and Connecticut could barely turn around a virus test result in less than two weeks. It was April of 2020. The state was desperate for help from any laboratory that could process COVID tests quickly. Much of the laboratory space at Sema4, a Stamford-based healthcare technology startup, was sitting idle, its genomic data analysis business largely suspended by the pandemic. So Sema4 pivoted.

The behavior of people in any organization is set by the tone coming from the top. Leaders set the example. Their own actions reveal the values that are important to the organization and those that are not. Leaders decide the level of transparency given to key stakeholders, whether they are customers, employees or taxpayers.

The Mirror’s reporting shows that Oak HC/FT invested in Sema4 twice.

Annie Lamont's company expanded its investment in Sema4 after it got a $17.2 million COVID contract from the state.

Gov. Ned Lamont says his wife has not made any profits from a company that holds a state contract, but he renewed his vow to donate any profits to charity.