Financial Services | Portfolios Supporting Gun Safety In 2018, BlackRock unveiled a range of index products that would enable investors to withhold their support for gunmakers and sellers. BlackRock also began offering an option to take the guns out of institutional strategies tracking major market indexes, including the Standard & Poor’s 500, the Russell 2000, and three others. These changes were made largely following demands from their own customers. Following investor pressure from CalSTRS (which has $750 million invested in Cerberus), Cerberus Capital Management, a private equity firm, said that it would seek to sell off ownership of the Freedom Group (now Remington Outdoor) – the maker of the assault rifle used in the Sandy Hook massacre. NYT: Cerberus to sell Freedom Group; BlackRock: Approach to Firearms