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  • November 7, 2009

Alligator

SDS presents investment plan to officials

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(Harrison Diamond / Alligator) Kevin Hachey, a UF sophomore, hands fliers to Russ Armistead, associate vice president of finance and planning for the UF Health Science Center.

Members of UF's Investment Committee told UF protesters Monday they were open to suggestions about socially responsible investing.

Members of Students for a Democratic Society, an activist group known as SDS, have been protesting UF's investing strategies since October.

SDS members have asked UF to make its investments more transparent to ensure it isn't supporting companies that contribute to the war in Iraq or global warming.

At the investment committee's meeting Monday afternoon, protesters handed out their plan for responsible investing. The plan includes creating a committee of UF students, faculty and alumni to advise the Board of Trustees, UF's highest governing body, on socially responsible investing.

"We can still talk about that and think about that as an investing strategy without divulging our investment strategy to everybody," said Dave Kratzer, UF associate vice president for student affairs.

Kratzer told protesters they should take their ideas to the directors of the UF Investment Corp., known as UFICO.

UFICO oversees investments from donations collected by the UF Foundation.

Welcome to the discussion.