At the 2024 Delivering Alpha Conference, Jagdeep Singh Bachher, Chief Investment Officer (CIO) of the University of California (UC) system, shared his pragmatic, values-driven approach to managing one of the largest academic investment portfolios in the world. Overseeing $188 billion, Bachher discussed the delicate balance between fiduciary responsibility and meeting the evolving demands of students, faculty, and other stakeholders during a time of economic and social change.
A Transparent Approach to Divestment
Under Bachher’s leadership, UC Investments made bold decisions, including divesting from fossil fuels and tobacco in 2018. He explained that the move was driven both...
