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Investors Join Call for North Carolina to Repeal Anti-LGBTQ Bill

About 60 investors representing $2.1 trillion in managed assets are joining the NCAA, entertainers and more than 200 businesses in calling for North Carolina to repeal its law limiting LGBTQ protections against discrimination.
/ Source: The Associated Press

RALEIGH, N.C. — About 60 investors representing $2.1 trillion in managed assets are joining the NCAA, entertainers and more than 200 businesses in calling for North Carolina to repeal its law limiting LGBT protections against discrimination.

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Trillium Asset Management CEO Matt Patsky said at a news conference Monday that North Carolina appears headed for a "state-government-inflicted recession" while the economy of the rest of the country improves.

Trillium has more than $2 billion in assets under management.

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The investors are seeking a full repeal of the law, which excludes gender identity and sexual orientation from statewide anti-discrimination protections. It also requires transgender people to use public restrooms matching their birth certificates.

A spokesman for Gov. Pat McCrory didn't immediately return an email seeking comment.

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