The foundation recently launched an impact investing strategy with a $5 million commitment intended to advance racial equity in the area or other strategic areas, including youth, public safety, economic opportunity and neighborhoods.
Thomas Harris stepped down from his role as ceo and cio of the University of Texas/Texas A&M University Investment Management Company on June 30 and was named acting ceo of the Texas Permanent School Fund Corporation, effective July 5, as a search for a permanent ceo commences.
The university is seeking a director of investment operations to manage its operations processes, including reporting and analysis, cash management and transactions, investment accounting and operational due diligence on investment managers.
The firm has named a new head of national sales to lead its sales and business development team after its previous head shifted to the newly created role of president of the Central division.
The foundation recently appointed a director of public markets to lead the investment and management of its public investments from a nearby nonprofit medical organization.
The fund will receive an education on a potential new strategy from its general investment consultant in July as it also looks to approve a new investment policy statement and strategic asset allocation.
The university has issued an RFP seeking a firm to review its Optional Retirement Plan and 403(b) plan as part of a periodic review of the retirement plans for standard due diligence purposes.