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→Wallace Golbal Fund
==Wallace Golbal Fund==
==Wallace Golbal Fund==
The Wallace Global Fund (WGF) has a mammoth endowment that it distributes to other radical groups such as [[Greenpeace]], the [[Tides Foundation]], the [[Center for American Progress]], and [[The Nation Institute]]. All of these groups call for [[fossil fuel\]] divestment.
The Wallace Global Fund (WGF) has a mammoth endowment that it distributes to other radical groups such as [[Greenpeace]], the [[Tides Foundation]], the [[Center for American Progress]], and [[The Nation Institute]]. All of these groups call for [[fossil fuel]] divestment.
WGF, through its own investment in the Brandes International Equity fund, indirectly invests in oil and the oil and gas firms of Eni S.p.A. and Engie S.A. It also invests in Generation Investment Management, a gigantic firm chaired by former Vice President [[Al Gore]] that claims to have $22.1 billion of assets under management. The Rockefeller Foundation is even more opaque with massive holdings in equity long/short and event-driven hedge funds that tend to invest in oil and gas.
WGF, through its own investment in the Brandes International Equity fund, indirectly invests in oil and the oil and gas firms of Eni S.p.A. and Engie S.A. It also invests in Generation Investment Management, a gigantic firm chaired by former Vice President [[Al Gore]] that claims to have $22.1 billion of assets under management. The Rockefeller Foundation is even more opaque with massive holdings in equity long/short and event-driven hedge funds that tend to invest in oil and gas.