Monday, June 13, 2011

Hedge Fund Exec. Leaving Univ. Board of donations

The highest executive of the Chicago hedge fund-of-funds company has resigned from a post as a trustee at her alma mater after revelations of donations she made to abortion choice groups.

Roxanne Martino, President and CEO of the 10 billion dollar Aurora Investment Trust Management, resigned Wednesday from the University of Notre Dame's Board, according to an article in the Chicago Tribune.

Her resignation came after the Cardinal Newman society, a conservative Catholic watchdog for colleges and universities, reported in May that Martino donated $ 16,150 pro-choice political group EMILY's list between 2005 and 2008.

The company also pointed out the Tribune reported, that she donated money from 2004 to 2011 to Chicago Foundation for women, which awards grants to various women groups including planned parenthood in Illnois.

Martino, 1977 Notre Dame graduate, a statement released by the University, which said in part "I dearly love my alma mater, and remains firmly committed to all aspects of Catholic teaching and the Mission of Notre Dame. I had looked forward to contributing in this new role, but the current controversy just doesn't allow me to be effective.

Go to Chicago Tribune article

No comments:

Post a Comment