University of California Chief Investment Officer Jagdeep Singh Bachher said he is considering reinvestments in the oil and gas market, five years after the institution divested its portfolios from fossil fuels.

The University of California’s investment office had $184 billion in assets as of March 14. This includes $142.7 billion in pension and retirement assets, $30.1 billion in its two endowment pools, and $10.7 billion in working capital.

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