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re: Sacramento State Univ to divest from companies doing business with Israel

Posted on 5/13/24 at 3:20 pm to
Posted by Tantal
Member since Sep 2012
14268 posts
Posted on 5/13/24 at 3:20 pm to
quote:

A direct investment in a pooled vehicle such as a mutual fund or private equity fund that in turn invests in one of the restricted investments.

We're still back to the compliance issue then. Mutual funds are always changing their investments. There's no way that they're going to hire people to keep up with all of it.
Posted by Mo Jeaux
Member since Aug 2008
59503 posts
Posted on 5/13/24 at 3:25 pm to
quote:

We're still back to the compliance issue then. Mutual funds are always changing their investments. There's no way that they're going to hire people to keep up with all of it.


Their policies and procedures would probably be to only invest in any such fund that abides by a similar restriction. For private equity funds, investor will often negotiate an excuse right for restricted investments.
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