Friday, February 20, 2015

Today - UC Regents Committee On Investments Feb 20 meeting, UC Hastings building projects, more news UPDATED

see agenda, ways to view, listen to meeting and the background docs for discussion items: at this link.
Scheduled for TODAY February 20, 2015
1:30 pm Committee on Investments (open session - includes public comment session)
Agenda – Open Session

Public Comment Period

Action Approval of the Minutes of the Meetings of September 12,
September 17, and December 10, 2014

I-1 Discussion Update on Sustainable Investing

I-2 Discussion University of California Retirement Plan Investment

Performance Highlights and Portfolio Updates for Periods ending
December 31, 2014
continued…

I-3 Discussion General Endowment Plan Investment Performance Highlights
and Portfolio Updates for Periods ending December 31, 2014

I-4 Discussion Working Capital Investment Performance Highlights and
Portfolio Updates for Periods ending December 31, 2014


3:00 pm Committee on Investments (closed session)

Agenda – Closed Session

Action Approval of the Minutes of the Meetings of September 12 and
December 10, 2014

I-5(X) Discussion Update on the Office of the Chief Investment Officer Regarding
Organization and Personnel

Committee on Investments Membership: Regents De La Peña, Kieffer, Lozano, Makarechian,
Pattiz, Pérez, Saifuddin, Sherman (Vice Chair), Wachter (Chair), and Zettel; Ex officio members
Brown, Napolitano, and Varner; Advisory members Gorman, Hare, and Oved; Staff Advisors
Acker and Coyne

Investment Advisory Group Membership: Advisors Crane, Martin, Rogers, Samuels, and Taylor;
Consultants Klosterman and Lehmann
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UCI's New University Online - State Assembly Proposes Audit of UC Budget
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SF Biz Jrnl UC Hastings plans new housing, academic towers in Tenderloin
Gov. Jerry Brown reportedly supports the plan and his proposed state budget for the 2015-16 fiscal year includes $45 million carved out for revamps at UC Hastings, the Chronicle noted.
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more news UPDATED:
Brimstone and Trickle Down?, or (UC Regents) 'Shocked and Appalled' replaced by 'Shocked and Amused'?: See Changing Universities with its new look: Is UC Spin Spinning Out of Control? on the latest UCOP rebenching report and moves in Sacramento. It notes:

The first important claim is that they are unable to calculate the cost of educating professional school students: “The University is unable to break out expenditures for graduate professional programs as requested in AB 94...

and
First of all, AB 94 does not focus on how much money the UC is bringing in per student, but how much UC is spending per student. In fact, UC and the state Legislative Analyst keep on confusing the two issues. For example, in the LAO’s report for the budget hearing, they have a chart called “UC Education Expenditures Per Student,” but as I have told them on several occasions, this should be called revenue per student and not spending per student, since this is just a calculation of how much tuition, state funds, and UC general funds are brought in per student: it does not actually look at how much the UC is spending on each student, and that is why AB 94 was needed.


and it goes into much more detail.
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Press Democrat with this: Today’s students have reason to be encouraged by the efforts of President Barack Obama — in proposing free community college education — and Gov. Jerry Brown — in opposing efforts by UC Regents to move ahead with a 5 percent tuition increase. But these steps offer little hope to yesterday’s college students who are increasingly caught between paying for past educations while setting aside funds for a future — all while working jobs that often provide little for either.

These graduates and former students need jobs and help in the form of debt relief or, as New York Gov. Andrew Cuomo recently proposed,

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Slate: UCLA Warns of Patient Exposure to Potentially Fatal Superbug Bacteria Linked to Two Deaths
they point to LA Times in it Patient's family cites earlier case of superbug at UCLA, WaPo gets into the policy side and CNN coverage also for more info.

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