UO
University of California Board of Regents
Pension fund · Founded 1868 · Oakland, United States
UCOP oversees funding, operations, and workforce programs of the University of California
Who University of California Board of Regents is.
Where the institution came from, whose capital it manages, and how that capital is allocated — from Dealroom's LP research.
Historical Background
- The University of California was established on March 23, 1868, and is governed by the Board of Regents, a body created under the California Constitution.
- Two years after its founding, in 1870, the Board of Regents passed a resolution to admit women to the university on the same terms as men.
Source of Capital
- The Board of Regents, through its investment arm UC Investments, manages capital sourced from the University of California's own assets.
- These assets include the university's retirement plan, endowment funds, and working capital pools.
Major Events
- The Regents announced in May 2020 that its investment portfolios had become fossil fuel-free after divesting from more than $1 billion in related assets across its pension, endowment, and working capital pools.
- Concurrently, the office achieved its five-year goal of placing $1 billion into clean energy investments.
Allocation Strategy
- The investment office allocates capital across a range of assets, including public equity, real estate, and private markets.
- The fund has been reducing its exposure to hedge funds while increasing its allocation to private credit.
- Investment strategy is guided by the long-term financial needs of the University, including endowment payouts and budget requirements.
The funds University of California Board of Regents backs.
University of California Board of Regents is a limited partner in 82 funds. 27 of them place in the Power Law Investor Ranking, and the best-ranked are shown here.
How University of California Board of Regents’ fund book is spread.
The 82 funds University of California Board of Regents backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters, across the 81 of 82 with a location on record.
- North America 7390%
- Europe 45%
- Rest of world 45%
United States 73 · China 3 · Germany 1 · India 1
How established those managers are
Managers grouped by how many funds they have raised. 17 emerging (three funds or fewer), 36 established — across the 53 of 82 with a fund history on record.
Other LPs.
Other pension funds in the Power Law LP ranking, closest to University of California Board of Regents by combined power-law score — North America first, then the nearest worldwide.