New York City’s pension funds have decided to sell their investments in private prison companies, citing a record of alleged human rights abuses and the risk of the industry attracting “long-term reputational and financial harm.” Trustees for the city’s five pensions voted in mid-May to become the first retirement funds in the U.S. to divest such assets, totaling about $48 million worth of stock and bonds from GEO Group Inc., CoreCivic Inc. and G4S Plc., they announced Thursday in a statement.