Log in

Education

ASU divests Russian assets amid invasion of Ukraine

Represents $2.3M of ASU Foundation portfolio

During a special meeting on March 7, the Arizona Board of Regents, the governing body that oversees all three state-run universities, called on Arizona State University, University of Arizona and Northern Arizona University to rid themselves of all Russian assets. 

Russian assets were also excluded from the ABOR retirement plan, according to a news release.

“The Arizona Board of Regents condemns in the strongest possible terms Vladimir Putin’s illegal invasion of the sovereign nation of Ukraine and apparent targeting of civilian populations, with one million refugees already in its wake,” said ABOR Chair Lyndel Manson. “With today’s action, the board repudiates Putin’s aggression and ensures Arizona’s public university enterprise divests of any Russian assets.”

You must be a member to read this story.

Join our family of readers starting at $5 for your first month and support local, unbiased journalism.


Already have an account? Log in to continue.

Otherwise, follow the link below to join.

Please log in to continue

Log in