Illinois State Treasurer Michael Frerichs Announces Additional $10 Million Investment In Israel
SPRINGFIELD - Illinois State Treasurer Michael Frerichs today announced his office will invest an additional $10 million in Israel as a direct response to the unprovoked, murderous attack by the Hamas terrorist organization. “After being absolutely sickened by the ongoing atrocities, we reached out to our Israeli partners and asked what we can do to help,” Frerichs said. “This investment is a direct result of those conversations.” “This investment shows our strong commitment to Israel and its people,” Frerichs said. “The challenges in the region are great. Israel is now at war. This is our way to show, with action and deeds as well as words, that we want to do what we can in this time of need.” Frerichs’ office has invested in Israel Bonds since he became State Treasurer in 2015. It has done so to diversify the state’s portfolio, achieve good returns from a safe investment, and to draw attention to a global partnership betwee
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