The University of California has invested more than $200 million in private equity funds sold by two Silicon Valley venture capital firms. But for years, the firms haven’t provided UC with any information about how each individual investment is performing.
UC system
Posted inU.S. Education
UC improves its investment returns but still lags behind other schools
The University of California’s $13.1 billion endowment produced better investment returns last year, according to new financial data. But despite a five-point gain over 2013, UC ranked seventh of the top 10 richest colleges in the U.S.
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