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![FT Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::18949452.png) Financial Times [@FT](/creator/twitter/FT) on x 6.2M followers
Created: 2025-07-18 15:00:15 UTC

The $190bn manager of the University of California’s endowment and pension has divested from hedge funds as its chief investment officer lambasted the industry for failing to provide adequate risk protection.

![](https://pbs.twimg.com/media/GwJf8otWsAA4Mfp.jpg)

XXXXXX engagements

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**Related Topics**
[investment](/topic/investment)
[$190bn](/topic/$190bn)

[Post Link](https://x.com/FT/status/1946223496406634999)