CU Will Liquidate Investments With Russian Companies

Boulder CO

03 March, 2022

4:11 PM

Description

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. Read more at CBS Denver CBS Local Digital Media personalizes the global reach of CBS-owned and operated television and radio stations with a local perspective.