The UC Board of Regents delayed a vote to pull business interests out of Sudan until March, despite a strong student push for divestment that led to protests outside the regents’ meeting on Jan. 19.
The postponement was due to “inadequate research provided by the UC Office of the President,” according to the UC Sudan Divestment Campaign’s Web site.
The regents did approve communicating to foreign fund managers of their concerns about investments in businesses that could be involved in supporting genocide in Sudan. They also approved the establishment of a task force that will consider specific plans for divestment.
“The issue of divestment is complicated, and must be considered carefully,” UCOP spokesman Trey Davis said.