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Page 7 - ஒன்று பாறை மூலதனம் கூட்டாளர்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Los Angeles Fire & Police commits up to $95 million to alternatives funds

Los Angeles Fire & Police commits up to $95 million to alternatives funds Los Angeles Fire & Police commits up to $95 million to alternatives funds Print Los Angeles Fire & Police Pensions committed up to $95 million to two alternative investment funds and added up to $17.5 million to two funds in which it had previously invested, a staff report on closed session actions for the $28.7 billion pension plan shows. Plan officials committed up to $80 million to RREEF Core Plus Industrial Fund, an open -end industrial fund managed by DWS Group; and up to $15 million to Avance Investment Partners, a buyout fund managed by Avance Investment Management.

California officials shed light on Nestlé taking millions of gallons of public water

NationofChange California officials shed light on Nestlé taking millions of gallons of public water “These are people who just want to make money, but they ve already dried up the upper Strawberry Creek and they ve done a lot of damage.” California water officials have drafted a cease-and-desist order to be sent to Nestlé accusing them of taking millions of gallons of water from San Bernardino National Forest’s Strawberry Creek.  According to The Guardian, Nestlé has maintained that its rights to California spring water date back to 1865. But a 2017 investigation found that Nestlé was taking far more than its share. Last year the company drew out about 58m gallons, far surpassing the 2.3m gallons a year it could validly claim. Nestlé has sucked up, on average, 25 times as much water as it may have a right to. 

Officials Call on Nestlé to Stop Taking Millions of Gallons of Water in the Middle of California Drought

While the drought conditions worsen across California, water officials have moved to stop the siphoning of millions of gallons of water out of the San Bernardino forest by the water and food company Nestlé. For years, environmentalists have accused Nestlé of draining water supplies at the expense of local communities and the ecosystem. The latest development in a protracted battle between the bottled water company and local environmentalists is the draft cease-and-desist order, which requires the approval of the California Water Resources Control Board before getting any water supply. According to The Guardian, Nestlé has maintained that its rights to California spring water dates back to 1865. However, an investigation in 2017 found out that the company was taking far more than its share. Last year, the company drew out around 58 million gallons, which is far beyond the allowed 2.3m gallons per year that it could claim validly.

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