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Georgetown prepares to divest from fossil fuels, including from private funds

Feb 14, 2020 - Private Equity International

Georgetown University moved last week to divest from fossil fuels, including its exposure through private funds, as the movement to get major LPs out of the business appeared to gain steam.

Georgetown   released a policy on 6 February called "Policy on Impact Investments and Fossil Fuel Divestment". The school's $1.78 billion endowment pledged to "cease making new investments in any company or fund whose primary business is the exploration or extraction of fossil fuels, includ...