Stokes discloses UNM Foundation holdings

Audience members, including pro-Palestine protesters, and speakers attend the Board of Regents meeting at the UNM Valencia campus on Thursday, Aug. 22. (Photo by Ella Daniel/ Daily Lobo)

University of New Mexico President Garnett Stokes disclosed UNM Foundation holdings in her “President’s Weekly Perspective” email on Monday, Aug. 19. The 83-page document lists the funds the UNM Foundation invests in, but only lists the individual investments within 25 out of 84 of those funds .

This

story

was originally published by The

Daily Lobo

. It is republished here with permission.

The investments within a fund are known as “securities.”

This comes ahead of the first Board of Regents meeting of the academic year on Thursday, Aug. 22. The meeting took place at the UNM Valencia campus. Neither Stokes nor the Regents mentioned the University’s investments or the recent disclosure. A group of pro-Palestine protesters sat in the audience with signs and Palestinian flags.

In May, following a meeting with the UNM Divestment Coalition , Stokes committed to the University researching and disclosing information from its investment portfolio over the summer. The Divestment Coalition calls for UNM to divest from companies based in Israel or companies that indirectly aid the Israeli military.

Story continues

TRENDING NOW

LATEST LOCAL NEWS