From Yale Daily News:
Firm Under Fire For Alleged Worker Mistreatment
Three years after students first protested Yale’s investments in HEI Hotels & Resorts, the University has announced it will not invest further in funds managed by the company. Yale’s investment decision, which was announced Nov. 18 on the Advisory Committee on Investor Responsibility’s website, makes the University the third Ivy League school to halt future investments in HEI. But while Brown University made its decision based on accusations of unethical labor practices against HEI, Nigel Hurst, senior vice president of human resources for HEI, said a Yale representative told him that the University was motivated by “purely portfolio reasons.” Click here for the full story.