BlackRock Keeps $7 Billion Oklahoma Pension Contract After Anti-ESG Law Pause
BlackRock headquarters in New York.
Photographer: Angus Mordant/BloombergThis article is for subscribers only.
The Oklahoma Public Employees Retirement System approved the extension of investment contracts with BlackRock Inc., a decision that comes after a judge paused the state’s anti-ESG law targeting the company.
Pension board members extended the contracts with BlackRock for the management of $7.3 billion of investments at a Thursday meeting, said Joe Fox, executive director of the pension, in an email.