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Home » Press, Student Activism, University Endowments » Brown University halts further investing in HEI

February 21, 2011, Stamford Advocate

Brown University in Providence, R.I., will stop investing new endowment funds in HEI Hotels Inc. amid questions about labor practices at two of the Norwalk-based company’s properties.

The decision, which doesn’t affect current investments, heeds a recommendation by Brown’s committee on investment ethics following concerns raised by a student group after the company fired an employee who was also a union leader.

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