Behind Closed Doors, University of California Officials Address Mismanagement Claims
After initially circling the wagons in defense of chief investment officer Jagdeep Bachher, University of California officials planned to tackle allegations against him in a closed-door meeting Tuesday, UC president Janet Napolitano told Institutional Investor. “That is the subject of the closed session,” Napolitano said Tuesday afternoon, when asked if UC would take any action on or investigate the claims of mismanagement. “I don’t think it is appropriate for me to discuss until the closed session has concluded.”
Read full article [here].
by Leanna Orr, Institutional Investor.