University of California official says system has $32 billion in holdings targeted by protesters
- The University of California faces student protests over $32 billion in investments in weapons manufacturers and other companies related to the Israel-Hamas conflict, representing almost one-fifth of the system's assets, as stated by UC's chief investment officer.
- UC's Chief Investment Officer Jagdeep Singh Bachher revealed this figure at the recent Board of Regents meeting amid nationwide pro-Palestinian demonstrations.
- The UC Divest Coalition urged the system to halt investments in weapons manufacturers, Blackstone, BlackRock, and various other companies, totaling billions of dollars.
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