UC's new investment chief's compensation could top $1 million
Friday, January 24, 2014 - 03:32
in Mathematics & Economics
The hiring of Canadian investment fund exec Jagdeep S. Bachher and his pay package trigger little discussion, but two regents oppose paying new Berkeley provost $450,000 a year. SAN FRANCISCO — The UC regents on Thursday hired an executive of a Canadian investment fund to be the chief manager of the university system's $82 billion in endowment and pension investments and will pay him more than $1 million a year if he achieves good returns.