Asset Management Culture
Help Wanted: UC Seeks Private Equity Director, Investment Officer
The $120 billion California university system endowment wants collaborative types.
The $120 billion California university system endowment wants collaborative types.
The huge fund is targeting real estate, private equity, and hedge funds.
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.