Endowments
Mercers, Guns, and Opioids: When Should a College Divest?
Michigan State is working out an answer.
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Political activists set their sights on Michigan State University last fall.
Their objective: Push the school and a handful of other institutional investors to divest from a Renaissance Technologies LLC fund. The reason: The firm’s then co-chief executive officer, Robert Mercer, provided funding to “several white supremacist organizations like Breitbart,” according to an online petition.