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 plan confirmed it is “not moving forward” with its up to $130 million commitment to Insight Partners Fund XIII and related investment vehicles that was approved at a June 9 board meeting.
The foundation has launched a search for its next president and ceo as its head is set to retire in late 2023 or early 2024 after more than a decade of service.