A resolution urging CalPERS to divest its holdings in U.S. companies that do business in Sudan was introduced by California Assemblyman Mervyn Dymally. It does not include CalSTRS. Mr. Dymally sponsored a similar resolution last spring, calling on the $206.1 billion California Public Employees' Retirement System and the $140 billion California State Teachers' Retirement System, both of Sacramento, to encourage portfolio companies not to invest in Sudan. That resolution, issued in August, stopped short of calling for divestment.
Neither Mr. Dymally nor CalPERS officials could be reached for comment because the state government was closed for Lincoln's Birthday.