Working with companies in its portfolio to limit exposure to Russia, ensure they \u0027understand and navigate\u0027 sanctions
“We decided a while ago Russia wasn’t really a destination market for us,” Jo Taylor, the chief executive of the $241.6-billion fund manager, said in an interview Monday, adding that the “vast majority” of the fund’s portfolio companies do not have activities in Russia.
Taylor described the indirect exposure as “de minimus” at “well south of $50 million” and said Teachers has sent a clear message that they don’t want exposure to Russia.
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