North Dakota investments with Russian entity exposure include $8.5 million from the Legacy Fund, $5.1 million from the state’s pension pool and $2.3 million from the insurance pool – a total of $15.9 million or less than one-tenth of 1% of the $19.3 billion in total assets under management, according to the office of Gov. Doug Burgum. The North Dakota Board of University and School Lands (Land Board) has about $28.8 million invested in Russian-based companies.
"Everybody is on board with divesting from Russia and Russian investments," Troy Seibel, a member of the State Investment Board, said Thursday. "Sometimes it's not as easy as clicking the 'sell button,' and . we just have to make sure the public is aware that this is going to take time."
"Everybody is on board with divesting from Russia and Russian investments," Troy Seibel, a member of the State Investment Board, said Thursday. "Sometimes it's not as easy as clicking the 'sell button,' and . we just have to make sure the public is aware that this is going to take time."