Mercer's Backing of Breitbart Draws Campaign Against Renaissance
- Sleeping Giants group urges Michigan State to divest
- University calls claims of link to racism ‘misleading’
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A group that says it’s opposed to racist news sites is urging universities and pension funds to pull their money from Renaissance Technologies because one of the hedge fund firm’s leaders is a financial backer of Breitbart News.
Sleeping Giants, whose members are anonymous, began the campaign Monday by targeting Michigan State University, which has about $50 million invested in a Renaissance fund. The group said in a statement on Twitter that it aims to draw a connection between investments in Renaissance and “hate speech and bigotry.”