UC Regents Committee to Discuss University’s Investment Finances By J. DOUGLAS ALLEN-TAYLOR

Friday August 12, 2005

While rising student fees and allocations from the state budget get the bulk of attention at meetings of the University of California Board of Regents, some of the real work of UC financing will be going on next week when the UC Regents’ Committee on Investments and Investment Advisory Committee meet to discuss the management of the university’s portfolio. 

The meeting will be held on Tuesday, Aug. 16, at 1:30 p.m. in Los Angeles, with a teleconference location on the UCSF-Laurel Heights campus, 3333 California St. in San Francisco. Live audio broadcasts are also available on several formats, with download information available at the regents’ website. 

Listed on the public agenda for Tuesday’s meeting is the university’s quarterly investment performance summary and the external equity manager search as well as recommended changes for the annual incentive plan. The quarterly investment performance summary report and the treasurer’s report on the university’s fiscal year 2005 annual incentive plan will be discussed in closed session. 

At stake is the management of the $42 billion University of California Retirement Plan and the university system’s $8.8 billion defined contribution plans’ funds, $7.7 billion short term investment pool, and $5.2 billion general endowment pool.›