Stern Calls On States and Pension Funds to Ensure Investments Support Respect for Human Rights
In
remarks Friday at the Asia Society of Southern California, SEIU President Andy Stern raised concerns about union pension money invested in buyout firms like the Carlyle Group alongside investments by the Government of Abu Dhabi. In 2006, the State Department called the United Arab Emirates' respect for human rights " problematic." Earlier this year, Abu Dhabi invested $1.35billion in DC-based Carlyle.