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University of California Office of the President
Regents of the University of California was established in 1979. The board members govern it. It manages investments and cash of the University of California...
University of California Office of the President
Regents of the University of California was established in 1979. The board members govern it. It manages investments and cash of the University of California system, including foundations, while the Office of the Chief Investment Officer implements investment strategies to add value.
General information
Firm type
Pension Fund
Year founded
1979
AUM
$190B
Location
Region
North America
Country
United States
City
Oakland
Corporate office
1111 Franklin Street, Oakland, CA, United States
Principals
Jagdeep Singh Bachher
Chief Investment Officer and Vice President of Investments
Mark Robinson
Chair of the UC Regents Investments Committee
Sector focus
Frequently asked questions
Who runs investment decisions at the University of California Office of the President?
Jagdeep Singh Bachher serves as Chief Investment Officer and Vice President of Investments. The UC Regents Investments Committee, chaired by Mark Robinson, sets policy.
Does the office participate in fund commitments or only direct deals?
The office uses both approaches. It maintains fund commitments in private equity and co-invests directly in companies such as Databricks.
What asset classes receive the largest allocations?
Public equities form the core. Private equity targets 7.5 percent. Real estate includes a $10.4 billion portfolio and a $4 billion position in Blackstone Real Estate Income Trust.
How is the office related to the campus foundations?
The Office of the President manages systemwide pension and endowment assets. Ten separate campus foundations handle local endowments and fundraising under the University of California Campus Foundations umbrella.
Which external providers support operations?
State Street acts as custodian. KPMG serves as auditor. Blackstone provides investment advisory services on real estate.
What recent public market activity has been disclosed?
Filings show a new position in iShares Nasdaq Top 30 Stocks ETF and a top buy in Brookfield Corp. during 2025. The office reduced its Blue Owl Capital stake in the same period.
Does the office engage with governance networks?
It participates in the Council of Institutional Investors and the International Corporate Governance Network. Jagdeep Bachher previously served as International President of YPO.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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