Chicago Tribune

Chicago Teachers' Pension Fund to divest from companies that run immigration detention centers

CHICAGO - Citing social and fiscal responsibility, the Chicago Teachers' Pension Fund is divesting its holdings in private prison companies that operate immigration detention centers.

The fund's board voted unanimously Thursday to unwind about $548,000 invested in a fund with positions in two private prison companies, said Jay Rehak, president of the $10.8 billion pension fund.

Rehak said the move is a response, in part,

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