Tag: University of California
Collaborating with Solovis to transform data and processes, the university expects to save $2 million annually over 10 years with more agile platform.
Private equity returns of 27.4% help raise asset value to $126.1 billion.
The $120 billion California university system endowment wants collaborative types.
The late-year market slide happened quickly, CIO Bachher says.
An 8.1% total return sees the institution’s asset growth beat most benchmarks.
Texas, Virginia returns top 11%; California lags with 8.9%.
Samuel Kunz and Ronnie Swinkel add responsibilities after three top people leave.
CIO also made it clear there will be no new investments in oil and gas-related commodity funds.
CIO warns of leaner days ahead.