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October 25, 1993
The University's Board of Trustees has voted to rescind the restriction prohibiting University investments in companies doing business in South Africa.
With free elections and the ending of apartheid, and Nelson Mandela's call last month for lifting of all sanctions against South Africa, the trustees' Investment Committee had asked for a review of a six-year-old policy prohibition on South African- related investments.
President O'Brien said that there were consultations with a variety of faculty and student groups before the trustees took action Oct. 22.
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The University of Rochester (www.rochester.edu) is one of the nation's leading private universities. Located in Rochester, N.Y., the University gives students exceptional opportunities for interdisciplinary study and close collaboration with faculty through its unique cluster-based curriculum. Its College of Arts, Sciences, and Engineering is complemented by the Eastman School of Music, Simon School of Business, Warner School of Education, Laboratory for Laser Energetics, Schools of Medicine and Nursing, and the Memorial Art Gallery.
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