Two of NYC’s five public pension funds are vulnerable to a mayor-backed Israel divestment push
Mamdani has stated his intention not to invest city funds in Israel bonds, in keeping with the current comptroller’s decision not to reinvest when $39 million in bonds matured in 2023.
While the movement to boycott Israel has called for divestment since 2005, advocacy has ramped up in many places in the last two years during the Israel-Hamas war in Gaza. (photo credit: (STEPHANIE KEITH/GETTY IMAGES))ByJOSEPH STRAUSS/JTA
