Oops! Minnesota College Students Ask University to Divest from Companies They Don’t Invest In
Do your homework, kids.
The University of Minnesota has no direct exposure to any of the four stocks targeted by Students for Justice in Palestine’s divestment resolution, according to UMN’s Chief Investment Officer Stuart Mason.
SJP’s campaign calls for UMN to divest from Caterpillar, Raytheon, Elbit Systems, and G4S. Of those, Elbit and G4S are small foreign firms which UMN has absolutely no exposure to according to Mason. The university may have indirect exposure to Caterpillar and Raytheon, via the multi-billion dollar Blackrock mutual fund where the university has $100 million invested.
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