St. Paul, MN – On Thursday, March 26, 20 members of the MN Anti-War Committee (AWC)turned out to a midday rally outside Minnesota’s Retirement Systems Building, where Minnesota’s State Board of Investment (SBI) was holding its quarterly meeting.

Members of the AWC gave public testimony at the meeting. AWC members demanded divestment from apartheid Israel and weapons companies, but focused particularly on Palantir, a company whose AI surveillance software has directly facilitated human rights violations in Palestine, Iran, and Minnesota itself. As of June 2025, the book value of the SBI’s investments in Palantir was $55 million.

This marked the board’s first open quarterly meeting in nearly a year, and the first attendance of the AWC since 11 of its members were arrested during a sit-in at the Retirement Systems Building last fall — a sit-in prompted by the board declining to hold in-person, public hearings over many months. Public admittance to the meeting room was limited to just eight members of the community, not including speakers.

As of the 2025 fiscal year, Minnesota SBI managed a total of $161 billion in assets. It is funded by Minnesota public employees’ salary contributions and taxpayer dollars, and serves workers in the Teachers’ Retirement Association, Minnesota State Retirement Association, and many of the union members of AFSCME, SEIU, Education Minnesota, and the Minnesota Association of Professional Employees (MAPE), among others.

The board emphasizes their fiduciary responsibility to pension holders and evaluates what is an “acceptable risk” investment. Governor Tim Walz serves as the board’s chair, along with Minnesota Attorney General Keith Ellison, State Auditor Julie Blaha, and the Secretary of State Steve Simon. The SBI currently invests over $586 million in weapons companies, including Elbit Systems, Raytheon, Lockheed Martin and Boeing.

“This board has defended its continued investment in death-dealing companies like Palantir with the claim that it is a wholly apolitical body that merely does its financial duty to the state. But I have to ask, in what sense is funding the Trump administration’s agenda an apolitical act?” questioned Andrew Josefchak, union member and organizer with the Anti-War Committee. During the meeting Josefchak submitted into the record thousands of physical signatures collected from constituents who agree that Minnesota must divest from Israel and companies that facilitate war and genocide.

Public employee and MAPE member Kevin Snyder testified during the meeting and asked how the board could claim to be taking into account the interests of Minnesotans while ICE actively weaponizes Palantir tech against residents of the state.

While the AWC’s DivestMN campaign specifically demands that the SBI divest from entities and companies complicit in Israel’s crimes of genocide and apartheid in Palestine, its researchers have found that many of the same companies are complicit in ICE violence in Minnesota and across the country. Palantir is contracted by Israel’s Ministry of Defense, ICE and the U.S. military. Palantir’s products track populations on a massive scale and maintain large databases of intrusive personal information. Its software can be integrated into surveillance and weapons systems, including drones, and company executives have told concerned staff that Palantir places no restrictions on client use of its tools.

Even before October 7, the AWC’s DivestMN campaign demanded that the SBI divest from Israel (in the form of Israeli stocks and bonds) and weapons manufacturers that directly enable Israel’s destruction and genocide in Palestine. The same corporations are now profiting off of the U.S.-Israeli war on Iran, which commenced with the bombing and murder of at least 175 school children in Minab.

AWC member Naveen Borojerdi, who testified before the SBI, is an Iranian American public employee and a member of MAPE. Borojerdi urged the board “to do better,” adding, “My people have a right to self-defense against joint American/Israeli terrorism, and I have the right to not have my own money facilitating that same terrorism against my own people.”

Jill Schurtz, the executive director of the SBI and its chief investment officer, admitted during the March 26 meeting that the “conflict in the Middle East” is “eroding gains” in their portfolio. “War destroys the working class,” Andrew Josefchak said as he took the mic outside the building and shared this information with demonstrators who had not been allowed into the meeting.

Throughout the meeting, members who were refused entry were heard and seen chanting from outside the first-floor windows. The silence and order in the room, maintained by the presence of no less than a half dozen police and state patrol officers, was broken by continuous calls directed at the SBI from outside: “Money for murder? No! Money for workers? Yes! Money for schools? Yes! Money for Palantir? No!”

The AWC will maintain their presence at SBI meetings until total divestment is reached.

#StPaulMN #MN #AntiWarMovement #AWC #AntiWarCommittee #SBI #DivestMN #Palestine #Palantir

St Paul, MN – On May 21, the Minnesota State Board of Investments (SBI) held its second quarterly meeting of 2024. The meeting began with an extensive discussion on “ethical investments” related to green energy and combating the ongoing climate crisis. What was not brought up by board of investors was how much Minnesota annually invests in companies and shareholdings connected with the ongoing genocide in Palestine.

Residents, constituents, pension-holders and anti-war activists packed the meeting to let the SBI know that the people demand immediate and direct divestment from Israeli bonds, and from all companies that profit off Israeli apartheid, including but not limited to Lockheed Martin, Elbit Systems and BAE.

Asiyah Ahmed from the MN Anti-War Committee gave an impassioned speech, stating, “As we know, SBI channels $3.25 billion into bolstering Israel, funding companies notorious for human rights abuses such as Elbit Systems, Caterpillar, and Lockheed Martin. These investments, drawn from the hard-earned pension and retirement savings of public employees, electively endorse genocide, apartheid and ethnic cleansing. Now, let's turn our attention to the devastating impact of these investments in Gaza. In places like the Jabalia refugee camp, which has been relentlessly bombed, and among the 900,000 refugees who have fled Rafah in the past few days, the brutalization and exploitation of the Palestinian people remain consistent. Just yesterday, a request for an arrest warrant for some Israeli leaders accused of crimes against humanity was made, emphasizing the urgency of our actions.”

The most fiery speech of the day was given by Sana Wazwaz of the MN American Muslims for Palestine. Wazwaz castigated the SBI for their continued investments in Israel and the hypocrisy they demonstrated by claiming a deep care for climate change while wholly ignoring their investments in a leading contributor of climate change, militarism, most especially Israeli militarism.

Wazwaz addressed the SBI stating, “As a recent graduate with hopes to become a Minnesota school teacher, it devastates me to know that my future pension funds are going to be invested in not just the slaughter of my family, but also my planet, your planet, and the planet that my grandchildren will inherit. How dare you all pat yourselves on the back and attempt to stall your constituents with this phony climate investments roadmap without divesting from the perpetrators of climate destruction. How dare you? You cannot play fireman and arsonist at the same time. Respectfully you have millions invested in the government that’s responsible for destruction of over half of the water facilities in Gaza according to UNICEF. According to National Geographic ,in 2023 alone over 2000 of the olive trees in the West Bank alone were destroyed in just one month. How can you attempt to talk about planet investments while not divesting from the thing that is actively harming the environment tenfold. The time to divest is now!”

Many other speakers took to the podium as well showing their support for divestment including members of Jewish Voice For Peace, the New Testament United Theological Seminary, AFSCME 3800 and a professor at the University of Minnesota.

The SBI meeting was followed with a press conference in the hall featuring many of those who took to the podium stating that the people will not stop fighting for full divestment until Minnesota divests entirely from all entities tied to apartheid Israel. The next Minnesota State Board of Investments meeting will be held on Tuesday, August 14 at 10 a.m.

#StPaulMN #MN #AntiWarMovement #Palestine #JVP #AFSCME #MNAWC #AMP #SBI

St. Paul, MN – On the evening of November 28, 500 protesters gathered in below freezing temperatures on the steps of the Minnesota State Capitol. The protest, organized by the Free Palestine Coalition,  demanded that the State Board of Investment (SBI) divest over $1 billion currently invested in Israeli bonds, banks, weapons manufacturers and other entities that profit from Israeli apartheid.

In total, the SBI manages and invests over $128 billion of Minnesota taxpayer money. Board members include Governor Tim Walz, Attorney General Keith Ellison, State Auditor Julie Blaha and Secretary of State Steve Simon.

Held on the eve of the SBI meeting on November 29, which is also the International Day of Solidarity with the Palestinian People, the protest was a continuation of a multi-year campaign spearheaded by groups, including the MN Anti-War Committee, to demand the SBI divest public pension funds from the system of apartheid and ethnic cleansing in occupied Palestine.

Despite the cold, a large crowd formed on the capitol steps to attend the rally. It was evidence of the passion and dedication the Palestinian cause has brought about during the decades of occupation.

Mariam El-Khatib, a member of American Muslims for Palestine, kicked off the rally, “America, it’s a fact. Israel would not be able to do what it’s doing without the U.S. We are funding the ethnic cleansing of the people of Palestine. We are funding the killing of children. We are funding the killing of civilians. We are funding the bombing of hospitals. We are funding Israel’s war crimes and atrocities. So whether you like it or not, all of us are implicated – because we live in this country and pay tax dollars. So whether you like it or not we have to speak up!”

Skyler Dorr, a rank-and-file member of AFSCME 3800 at the University of Minnesota and an anti-Zionist Jew, stated, “I am a pissed off public employee, and I don’t want my retirement fund invested in the ethnic cleansing of Palestine! Shame on the State Board of Investment for implicating all of us in genocide, shame!”

As the last speaker on the program, Brian Chval from the MN Anti-War Committee rallied the crowd, “As the tax paying constituents of the state of Minnesota, I think we should have a say in how our money is invested. So I ask you, $283 million for weapons manufacturers that sell to Israel. Invest or divest? Nearly $50 million for Siemens, who provides electrical grid services to Israel and its settlements on stolen Palestinian land. Invest or divest? Almost $25 million in direct investments in Israel in the form of bonds, who has occupied and oppressed Palestinians for over 75 years. Invest or divest?”

Each time, the crowd erupted, “Divest!”

Other speakers included Julia Pearlstein-Levy from Minnesota Immigrant Rights Action Committee, Palestinian activist Dr. Christine Harb, and Natasha Dockter of the Minneapolis Federation of Teachers Local 59.

Protesters were encouraged to come back to the capitol the next day to attend the State Board of Investment meeting.

#StPaulMN #FreePalestine #UMN #SBI #Divest #BDS