Tag: University of California
Renewable sources like wind and solar may not be enough. Pension plan investors weigh the odds.
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.