Student pressure to divest from fossil fuels may affect PE at Swarthmore

Swarthmore College, pension fund, private equity, fossil fuels, oil and gas, divestment
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  • Students want $1.95 bln endowment out of fossil fuels
  • Part of nationwide divestment movement
  • Private equity allocation target is 17 pct
Swarthmore, whose $1.95 billion endowment returned 14.2 percent last year, once again faces student activism to divest fossil-fuel investments. Swarthmore Sunrise, the activist student group, wants the college to shed direct investments in fossil fuels. It also wants external investment managers ...

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