From AAUP National and the California Faculty Association:
California educators, researchers, staff, students, retirees, and public education beneficiaries should not have their pension, retirement, or university endowment assets used to bankroll attacks on public higher education.
CalSTRS, CalPERS, the UC Regents, and UC Investments have a responsibility to manage public education pension, retirement, and endowment assets in the best interests of beneficiaries. Apollo Global Management’s CEO, Marc Rowan, helped develop and publicly champion the Trump administration’s “Compact for Academic Excellence in Higher Education.” The compact is not an isolated proposal — it is the blueprint for the administration’s ongoing attacks on California higher education, including efforts to use federal funding, investigations, lawsuits, and regulatory threats to force colleges and universities to comply with its political agenda.
Send a letter today urging California’s public pension and university investment leaders to make no new commitments to Apollo Global Management and to explain how they will manage the governance, reputational, political, and systemic risks Apollo now poses to California’s public education community.