UC Investments: Statement on Diversity, Equity & Inclusion

The Office of the Chief Investment Officer of the Regents (“UC Investments”) embraces the University of California’s Board of Regents’ policy on diversity  (Policy #4400), which describes the value of diversity to the University at large.

As investment professionals, we believe that diverse teams achieve higher performance and better results and that accessing the full range of top talent is critical to managing risk. 

Fostering diversity - in experience, thought and background—on our team, among our investment partners and within our investee companies is key to achieving superior operational and investment performance.  The many dimensions of demographic diversity, including gender, race and ethnicity, age, veteran status, gender identity and sexual orientation and disability status, are a part of the rich tapestry of lived experience that informs cognitive diversity.

Through our Diversified Returns program, UC Investments incorporates diversity, equity and inclusion into our investment and operations processes in furtherance of our mission to sustain the University of California financially for the next 100 years.

We are committed to engaging with intentionality on diversity, equity and inclusion.  We will collaborate with - and learn from - others and share our progress along this critical journey.

Diversified Returns Program Annual Reports:

UC Investments prepared its inaugural report on diversity, equity and inclusion in 2019. Since then, we have voluntarily published an annual Diversified Returns Report. The 2020, 2021 and  2022 reports summarize our work as an asset allocator, as a shareholder and as an employer to create the conditions for – and reap the rewards of - diverse, equitable and inclusive teams.

Partnerships: 

UC Investments is a member of The 30% Coalition, whose members work to increase diversity in corporate boardrooms.

UC Investments is a signatory to the Institutional Limited Partners Association’s Diversity in Action, an initiative that brings together limited partners and general partners who share a commitment to advancing diversity in the private equity industry.

UC Investments is a proud partner of The Toigo Foundation.  Toigo’s mission is to inspire change and to advance more inclusive leadership within finance and beyond.  Starting in 2023, UC Investments is funding 20 fellowships for UC graduate students seeking to become tomorrow’s leaders in the world of finance.