New Jersey Pension Fund Divests from Geo Group

New Jersey’s pension fund just dumped its stake in Geo Group — the company running a Newark immigration detention center plagued by protests and lawsuits — after citing financial risks. But here’s the twist: it still holds a $100 million investment in Palantir, the AI firm helping ICE track and deport immigrants. Critics say this contradicts the state’s values, especially as lawmakers push new legislation to force divestment from companies aiding immigration enforcement. With $85 billion under management, the fund now faces pressure to align its investments with human rights and privacy — even if it means walking away from profitable deals. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7f4aac1d1abe2a08