[{"_1":2,"_124":-5,"_125":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76,88,100,112],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",6065942,"mediaKeyId","3191568-43579007095e038a15c6280f7ee07189","parentId",3191568,"title","UC Investments Committee reviews second-quarter results; CIO recommends higher equity exposure and flags tariffs, inflation risks","audioSeconds",2609,"startMs",1771000,"endMs",4380000,"viewUrl","/Search/View?dp=1&key=3191568-43579007095e038a15c6280f7ee07189&start=1771&end=4380","thumbnailUrl","https://assets.pipeline.soar.com/3191568-43579007095e038a15c6280f7ee07189/thumbnail_1771000.jpg","articleUrl","/articles/6065942/California/UC-Investments-Committee-reviews-second-quarter-results-CIO-recommends-higher-equity-exposure-and-flags-tariffs-inflation-risks","mediaUrl","https://secure.pipeline.soar.com/6065942-a3faf4bc7549006c93fb374df81e311d/orig.mp4?Expires=1771107802&Signature=IzQLiHDm6V25krxu8RQSSwo0r7WSY9v2lKMaEfLQYKSq0qSq9T4Y-8F-bmuJdYYRM7sbk-rHjloZAJ3Qn79Ce82XDMWPWWnIWdWdryLbeSm8OMxYVYJW~m3kZsnD7FZOjqoQKsEzB38A-saxAL4rICrSP7PGaygL-as2jpybSp2mLNe5XRhNW2UacZv2xgmseDBEs4ApP4ZJFnc-u5PClBBr49HLPdM-52GEBOvTQ9K~xsA-983IYmiy10xYDD8CIAlP4OJgnb5CCjSAoGxwY-xsG37o~j7-NE~MVIZGtfZfgrpRwwRiTmkTV5jnSNNwdG22jA~L4AEP-KaLH9AWGg__&Key-Pair-Id=KUT5TJCACFTXG","author","University of California","date","2025-03-17T00:00:00Z","article","Jagdeep Singh, Chief Investment Officer for the University of California, briefed the Investments Committee on March 14 on fiscal-year-to-date performance, liquidity needs for campuses and hospitals, and strategic positioning amid geopolitical and policy uncertainty.

Singh told Regents the system’s assets under management were approximately $184 billion at the start of the fiscal year and that pools had fluctuated; he updated figures to market data as of March 14 during the presentation. He said working-capital pools (short-term and total-return) supported campus liquidity, noting the short-term investment pool was roughly $1.3 billion as of January 31 and the total-return pool about $9.4 billion; Singh said short-term liquidity was likely closer to $2 billion at the time of the meeting.

Singh said public equities comprised about 61.7% of the portfolio, fixed income about 16.6% and private assets about 20.6%, with cash near 1.1%. He said equities were designed to generate long-term returns while fixed income provided current income; fiscal-year-to-date returns for some pools ranged from low single digits to mid-single digits. Singh advocated maintaining equity exposure and proposed reallocating the system’s shrinking “absolute return” allocation into public equities: moving the pension absolute-return share (about 3.5%) into public equities and increasing the endowment’s public-equity allocation from about 40% to roughly 50%.

Guest economist Torsten Slock (chief economist, Apollo) joined by video to discuss tariffs and global growth. He told Regents that tariffs and supply disruptions could add upward pressure on inflation and that higher-for-longer interest-rate expectations were reflected in markets. Singh and other investment officers said markets were pricing only limited Federal Reserve cuts this year and that tariffs could raise prices for imported goods, including housing inputs and automobiles. They emphasized the team’s view that growth and investment opportunities were increasingly global, not solely U.S.-centric, and highlighted data centers, AI-related infrastructure and selective growth sectors as areas of interest.

Regents asked detailed questions about sector and geographic weightings, funding-ratio implications and whether the investment office planned more active sector exposure. Singh said active single-stock picking is difficult at the UC scale but that the investment team had placed targeted allocations into growth areas and data centers. No formal committee vote on asset-allocation changes occurred at the meeting; Singh said he would present a formal action proposal at a future committee meeting.","mediaType","Video","parentTitle","Investments Committee 2025-03-17","oneSentenceSummary","University of California investment staff presented fiscal-year-to-date results, discussed asset-allocation strategy, and the chief investment officer proposed reallocating absolute return assets into public equities while warning of higher-for-longer interest rates and tariff-driven inflation risks.","taxTitle","University of California, Boards and Commissions, Executive, California","taxId",76757,"location","California","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":81,"_47":82,"_49":83,"_51":84,"_53":85,"_55":56,"_57":58,"_59":86,"_61":62,"_63":64,"_65":87,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6065947,"UCLA faculty parent says daycare teacher arrested for abuse; calls for better UC communication and support",53,1552000,1605000,"/Search/View?dp=1&key=3191568-43579007095e038a15c6280f7ee07189&start=1552&end=1605","https://assets.pipeline.soar.com/3191568-43579007095e038a15c6280f7ee07189/thumbnail_1552000.jpg","/articles/6065947/California/UCLA-faculty-parent-says-daycare-teacher-arrested-for-abuse-calls-for-better-UC-communication-and-support","https://secure.pipeline.soar.com/6065947-e70041df13bedfdb997e8ecfaae6283a/orig.mp4?Expires=1771107802&Signature=ZJNHm9qQO7DMSADreBaKh~yEqKIDH2GEOrpzkErtTBBLq4Oym59Oc~RSQYl6xSvi56hFDyy-X0akhRlXhMjLDeR-riY2CAmoMLePbVEXNLx9gomGl7KthX8ZHmKQl7Ne9pfiKq7l2c2sX868gwjvCoEx7a2NfXD~MkDypF-cpBT3OIamkg5ShXWOgJk8dcfBejLgViJc1sMrzoB7LBR1gdqkeDtG6Q6FFvwBsck5UZuSuwgm2hqxsDT5dZu0SsmxrjCvXBsUCWeqk6-sCZ~E8QYKdzYFXhQS9BAgHxsW8i7GEzbHdGm7AYtKmmImHAmcFZeoxlLaZgQzP5xlWD6KyQ__&Key-Pair-Id=KUT5TJCACFTXG","Molly Fox, an anthropology professor at UCLA and a parent of a child enrolled in a UCLA early-childhood education center, told the University of California Investments Committee on March 14 that she and other faculty parents have experienced a year of poor communication and insufficient institutional support after a teacher’s arrest on abuse charges.

“My child's UCLA daycare teacher was arrested for [alleged] abuse of multiple kids in my child's classroom,” Fox said. She said UC and UCLA leadership “mishandles the scandal at all levels of management, including lying and withholding time sensitive information from us faculty parents,” and added that “the absence of any meaningful communication or support from UC and UCLA leadership has left us to navigate this crisis on our own.”

Fox urged the Regents to act to “heal the broken relationships” between the university and affected faculty parents. The committee recorded her comment during the public-comment period; no formal investigation update or administrative response was offered during the meeting.","A UCLA faculty member told Regents that a daycare teacher's arrest for alleged abuse has left faculty parents feeling abandoned by campus leadership and called for improved communication and institutional support.",{"_33":89,"_35":36,"_37":38,"_39":90,"_41":91,"_43":92,"_45":93,"_47":94,"_49":95,"_51":96,"_53":97,"_55":56,"_57":58,"_59":98,"_61":62,"_63":64,"_65":99,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6065952,"UC health and technical workers press Regents to bargain in good faith, cite staffing and reclassification issues",513,464000,977000,"/Search/View?dp=1&key=3191568-43579007095e038a15c6280f7ee07189&start=464&end=977","https://assets.pipeline.soar.com/3191568-43579007095e038a15c6280f7ee07189/thumbnail_464000.jpg","/articles/6065952/California/UC-health-and-technical-workers-press-Regents-to-bargain-in-good-faith-cite-staffing-and-reclassification-issues","https://secure.pipeline.soar.com/6065952-79e0cd3f4bd424e6f388243bb278775e/orig.mp4?Expires=1771107802&Signature=Ig7wNkWuqw3Hdp1HW48EN1~R5qx3Z2Q8TwSC32YR9fqm6ndQaZI8Frdf1giRHRMCADOSaPTzToQbse0xO4GmRVoXC8p6eBfqSBswyJ7nbAe1~5ux9LQb5cU-xt7zIOA5w4Rb3yZBn5VxK1kWXwtIlQQyDSe-RE54sZj8hrekgiOKrzaKUkwt-iIXRAs4YTbK4v9JTbwxVjWZcFB-42byogVT7Dg~9q6Gq~LUg1QMUYB27mrelaAMEeEMgmq16xPFD0zhHVCbuOey7WCisMQvvj9MjiANb3Z85Nx~DSI8kBa7XalI4NS3bOBTxnOraGvg9DjfgN9XeEhWby3wDWXNPQ__&Key-Pair-Id=KUT5TJCACFTXG","Union leaders and health-system staff used the Investments Committee public-comment period on March 14 to press the University of California to bargain in good faith over contracts, to address understaffing at UC Health, and to reform reclassification processes.

Max Belasco, chapter chair at UCLA for University Professional and Technical Employees, said bargaining has stalled after “24 days of bargaining in 8 months” and accused UC negotiators of failing to make meaningful moves. “It has become obvious that the UC bargaining team you have sent to meet with us is not empowered to actually negotiate with our team,” Belasco said. He warned that workers were prepared to strike again if bargaining did not resume in good faith.

Several health-system employees described high turnover and understaffing in clinical and social-work roles. Isabel Velasquez, a clinical social worker at UCLA Santa Monica, said night-shift social workers and emergency-department staff are leaving because of stress and “unfair wages,” and she linked staffing shortages to diminished patient care.

Speakers asked Regents to support fair career progression, guaranteed reclassification and higher pay to reduce turnover. Megan Pike, a certified child life specialist at UCLA, said many reclassification requests go unreviewed or denied and asked the Regents to “bargain with us in good faith” to secure clearer, timely reclassification pathways.

No motions or votes related to labor negotiations were recorded in the committee meeting; comments were taken under public comment and noted by committee staff.","Union representatives and frontline staff told Regents the UC bargaining team is not empowered to negotiate and that understaffing, denied reclassifications and low pay threaten retention across UC Health.",{"_33":101,"_35":36,"_37":38,"_39":102,"_41":103,"_43":104,"_45":105,"_47":106,"_49":107,"_51":108,"_53":109,"_55":56,"_57":58,"_59":110,"_61":62,"_63":64,"_65":111,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6065957,"Disabled and undocumented students urge Regents to increase UC funding for access services and $10 million fellowship proposal",858,372000,1230000,"/Search/View?dp=1&key=3191568-43579007095e038a15c6280f7ee07189&start=372&end=1230","https://assets.pipeline.soar.com/3191568-43579007095e038a15c6280f7ee07189/thumbnail_372000.jpg","/articles/6065957/California/Disabled-and-undocumented-students-urge-Regents-to-increase-UC-funding-for-access-services-and-10-million-fellowship-proposal","https://secure.pipeline.soar.com/6065957-4d5ec269e7f6b91d4b90ba2345995e74/orig.mp4?Expires=1771107803&Signature=GnRNC8vW2Rd0PwPzZsMO9eu2z3I2U7-HTog~mLZ8uuI13aueADBVQiEn~~yc2U7tYEE8BZ1PjBimgGYHi-nDKJt-0HTNWagQ~HydYLyJ-q7xgfq05wPoQmqZOjb5ed1zO3k5c9mWv8s3Scr5bBcSLrFFC8l6SjZs39-SK-Liblj8AEI8V3oLWWT0CiZ9SFG0oT1KiTg~9~ZBXovHXO3MBdYnCk1cjhGtx30c-r5F53ko7g4gRUHZfKYreJ~E60ax5966bD-HPVEnjAPxKA1mzEGqUtf0JGtYz~ihfQkEwNLo0Hj-u8U4SIJWqLx~Nw-R22cJxB0XwWy8SF6nO2nqzQ__&Key-Pair-Id=KUT5TJCACFTXG","Speakers representing disabled and undocumented student communities told the University of California Investments Committee on March 14 that campus disability services are underfunded and that the Regents should approve a $10,000,000 proposal to create paid learning opportunities for undocumented students.

Evelyn Guerra, an undocumented graduate student at UC Riverside, called for “an increase to the amount of 10,000,000 for resources” to support Dream Centers and summer fellowships that undocumented students often cannot access. A student caller from UCLA reiterated that “if the UC Regents and Chancellors claim that they care about their undocumented students, they must put their money where their mouth is.”

Multiple speakers addressed disability services. Jennifer Miyake, a transfer student at UCLA registered with the campus Center for Accessibility and Education (CAE), said CAE supports about 4,000 registered disabled students but is “extremely understaffed and underfunded.” She said disability specialists face high caseloads and turnover; the transcript records a comparison to a national average but the precise local caseload figure was not specified during the comment. Another speaker asked the Regents to prioritize “funding for disability services through the CAE and [Office of] Bruin Access.”

Regents acknowledged public comments and said they were being recorded for committee consideration. The meeting did not include a formal vote on the $10 million proposal during the session.","Multiple students and advocates asked the University of California Investments Committee to prioritize funding for disability services and to approve a $10 million proposal for paid learning opportunities for undocumented students.",{"_33":113,"_35":36,"_37":38,"_39":114,"_41":115,"_43":116,"_45":117,"_47":118,"_49":119,"_51":120,"_53":121,"_55":56,"_57":58,"_59":122,"_61":62,"_63":64,"_65":123,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6065962,"Public commenters urge UC Regents to divest from weapons firms, criticize campus responses to Gaza protests",1049,126000,1175000,"/Search/View?dp=1&key=3191568-43579007095e038a15c6280f7ee07189&start=126&end=1175","https://assets.pipeline.soar.com/3191568-43579007095e038a15c6280f7ee07189/thumbnail_126000.jpg","/articles/6065962/California/Public-commenters-urge-UC-Regents-to-divest-from-weapons-firms-criticize-campus-responses-to-Gaza-protests","https://secure.pipeline.soar.com/6065962-631bf0c66234627908858fe458be3ee5/orig.mp4?Expires=1771107803&Signature=eYbAilDYNGG0ZxgutFvg9qI8EwNZTNpz0TM7e~1dRRYP~P4dX~QCssPjov~GkbS4G0OmNYKJ-z2MNaAQc7h-rHJz1QTO9jIS0s5q9VZauYMWe-MQjywar4b~IEaN9SbjvS-vOb0KDZLBAgoCccVwYVV-8eGuZZCXjSdK21G4RVGwn2N-Kfnm8gtBAC5Ppl8exkf8M0hqhJk8dgary2w08FRrPjvx76riJFzDdKyOq9qUYwb8BngW6CGTj8zgoItrgbx0kUk285DswZb3r9Gr0duP2jXCgwSvHKWPlTXBhrmi~tIRI8HtIY7ZYR2dwg~FYmkIHDzggiYwCgN8EC3zsQ__&Key-Pair-Id=KUT5TJCACFTXG","Dozens of public commenters told the University of California Board of Regents’ Investments Committee on March 14 that the university should divest from companies tied to weapons manufacturing and criticized campus administrations for their responses to student protests over Gaza.

The comments came during the committee’s public-comment period, which the secretary said had more than 30 registered speakers. Peter, a resident and public commenter, denounced U.S. weapons makers and accused the Regents of siding with administration crackdowns rather than student protesters: “Israel is committing a genocide livestream before the eyes of the world,” he said, and added that companies “you invest in are making those 2,000 pound bombs… and making millions and millions of dollars.”

Several other speakers repeated calls for divestment from companies they named, including Boeing, Northrop, Raytheon and Lockheed, and urged Regents to engage directly with protesters outside the meeting. A representative who identified themselves as part of a delegation said about 300 people were gathered outside and said they would remain until Regents “come outside and engage with the public.”

Speakers also connected divestment demands to campus policing and student arrests, saying leadership had enabled or failed to prevent violent responses to demonstrations. Former donors and alumni said they were withdrawing financial support in protest, and at least one speaker urged the Regents to “choose your students and workers over shameful profits and politics.”

No formal action or motion on divestment was made during the Investments Committee meeting. Committee leaders acknowledged the public comments at the meeting’s close and said they were noted for further consideration.","Dozens of public speakers at the University of California Investments Committee meeting urged the Regents to divest from weapons manufacturers and criticized university leadership for its response to student protests over Gaza.","actionData","errors"]

Article not found

UC Investments Committee reviews second-quarter results; CIO recommends higher equity exposure and flags tariffs, inflation risks

UCLA faculty parent says daycare teacher arrested for abuse; calls for better UC communication and support

UC health and technical workers press Regents to bargain in good faith, cite staffing and reclassification issues

Disabled and undocumented students urge Regents to increase UC funding for access services and $10 million fellowship proposal

Public commenters urge UC Regents to divest from weapons firms, criticize campus responses to Gaza protests