Statement Regarding Amended Investment Policy

There has been significant misinformation in social media and elsewhere about the Board of Trustee’s recent updating of the college’s Investment Policy Statement. The updated policy provides that the college will not directly invest in weapons manufacturing and strengthens the consideration of human rights in our fund manager’s due diligence when evaluating investments. These changes were the result of a consensus-oriented campus process, in which many voices were heard and considered over many months and in multiple phases.

The Board did not divest from Israel or companies operating in Israel, despite calls to do so. In fact, calls to divest from Israel were rejected prior to the creation of the Board subcommittee. These policy changes were not specific to any particular investment, country or conflict.

An accurate statement about these policy changes was posted by the President’s Office on Thursday, and can be read here.