September 26, 2016
Investors Join Call for North Carolina to Repeal LGBT Bill
Martha Waggoner READ TIME: 1 MIN.
About 60 investors representing $2.1 trillion in managed assets are joining the NCAA, entertainers and more than 200 businesses in calling for North Carolina to repeal its law limiting LGBT protections against discrimination.
Trillium Asset Management CEO Matt Patsky said at a news conference Monday that North Carolina appears headed for a "state-government-inflicted recession" while the economy of the rest of the country improves.
Trillium has more than $2 billion in assets under management.
The investors are seeking a full repeal of the law, which excludes gender identity and sexual orientation from statewide anti-discrimination protections. It also requires transgender people to use public restrooms matching their birth certificates.
A spokesman for Gov. Pat McCrory didn't immediately return an email seeking comment.
