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FOR IMMEDIATE RELEASE

Tuesday, June 4, 2002

Statement on UC Investments

John J. Moores
Chairman, Regents of the University of California


Like other members of the UC family, the Regents are deeply disturbed and saddened by the continuing violence in Israel and Palestine. Rooted in history, geography and religion, this terrible conflict inflicts overwhelming personal tragedies on men, women and children of both sides - and is felt around the world by people of all nations.

Living thousands of miles away, members of the UC community seek practical ways to further the pursuit of peace in the Middle East.

The Regents value and welcome the ideas of faculty, staff and students in exploring such opportunities, including issues of economic divestment. The Regents also have a fiduciary responsibility to protect the security of the University's pension and endowment funds. Those investments currently provide benefits to thousands of UC retirees and support University scholarship and research efforts.

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Media Contact:
Trey Davis
(510) 987-0056
trey.davis@ucop.edu

 
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