Richard Sherman

On Jan. 17, the University of California’s Office of the Chief Investment Officer of the Regents, or UC Investments, announced a partnership with the Toigo Foundation to fund 20 fellowships for UC graduate students.

The UC Board of Regents heard public comment, discussed small business diversity initiatives and received an update on COVID-19 during their final meeting.

At Wednesday’s UC Board of Regents meetings, tuition and fee plans, the freshman pipeline and seismic safety were discussed, among other topics pertaining to the student experience.

With UC President Janet Napolitano stepping down this coming August, UC Board of Regents chair John Pérez has appointed a Special Committee to Consider the Selection of a President.

Fossil Free UC has stated that continued fossil fuel extraction placed the climate, and millions of the world’s most vulnerable people, in harm's way, but the UC Board of Regents continued to invest in them.

John Pérez was elected as the 2019-20 chair of the UC Board of Regents in May and started working in the new position July 1.

At its meeting Tuesday, the UC Board of Regents Investments Committee heard updates from the Office of the Chief Financial Officer, or OCFO, regarding its “innovation” through investments in research and industry stemming from the UC system, as well as the system’s long-term investment returns.

The UC Board of Regents intends to eliminate the student adviser role, a position that provides the board with student input on university issues including sexual assault policy, tuition and basic needs, at its next meeting in January.

The assets of the University of California increased by $8.9 billion over the past year, outpacing its benchmark and totaling $118.7 billion as of June 30, 2018, according to the UC Chief Investment Officer of the Regents Jagdeep Bachher recent's report.

In the five years that Jagdeep Bachher — UC chief investment officer and vice president of investments — has been in office, more than three-quarters of his initial staff members have left.