Asset Management Culture
New Mexico Teachers’ Pension to Divest from Private Prisons
The $12.75 billion fund has been under pressure to sell stakes in CoreCivic and the GEO Group.
Tag: GEO Group
Newsmakers
Wide Index Use Means ESG-Minded Investors Own Private Prison Stocks
That’s how lock-up companies, in poor odor lately, end up in top pension portfolios.
Newsmakers
CalPERS Says No to Legislation Forcing It to Divest from Private Prisons
The pension plan’s stance also means it won’t likely voluntarily divest from GEO Group and CoreCivic.
Newsmakers
CalPERS Engages Private Prison Companies
The review could lead to divestment of CoreCivic and The GEO Group.
Newsmakers
CalSTRS to Divest of Private Prison Companies
The two US companies running private prisons, whose detainees including immigrants caught crossing the US-Mexico border, will no longer be part of the CalSTRS portfolio.