Brad Lander: “We've had that grow by 10% last year, even as we divested…”

“So as financial officer, manage the pension funds. That's $275 billion. That's the retirement security of our teachers and school crossing guards and public hospital nurses and firefighters. We've had that grow by 10% last year, even as we divested fossil fuels, invested in affordable housing. and grew the percent being managed by black and Latino and MWBE asset managers by 40% by over $6 billion.” (01:33–01:41)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.