The Huntington News

Paradise Papers tie Northeastern to offshore fossil fuel investments

Paradise Papers tie Northeastern to offshore fossil fuel investments

November 11, 2017


Filed under Campus

By Glenn Billman, deputy campus editor Leaked Paradise Paper documents revealed Northeastern and several other universities have invested part of their endowments in fossil fuels via an offshore hedge fund, according to an article published in the Guardian Wednesday. EnCap Energy Capital Fund IX-C is based in the Cayman Islands, where there is no corporate or income tax. Northeastern and 11 o...

The student newspaper of Northeastern University
Cayman Islands