AB 1967 (Torrico) – Private Equity Investment Act
Prohibits CalSTRS and CalPERS from investing in a private equity company that is owned by a sovereign wealth fund, or in a fund managed directly or indirectly by a private equity company that is owned by a sovereign fund, if the country(ies) associated with that sovereign wealth fund does not meet specified human rights criteria.
- Version: Introduced 2/14/2008
- Sponsor: SEIU
- Location: Assembly PER&SS Committee
- Board Position: Oppose
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