CU Will Liquidate Investments With Russian Companies

By Ben Warwick, CBS Denver:

BOULDER, Colo. (CBS4) – The University of Colorado system will liquidate their “limited assets” in Russia, as they stand in support of Ukraine.

The CU Foundation previously had less than 0.1% of its $2.6 billion Long-Term Investment Pool in publicly-traded Russian companies. The university also has invested in mutual funds with holdings in Russia. The total is roughly $3.5 million, and university system management has requested those mutual funds exit the holdings as early as possible.

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