Asset Owner Directory

University of Texas Investment Management Company (UTIMCO)

UTIMCO’s funds are made up of two components: endowment funds (a permanent, self-sustaining source of funding, managed with consideration given to current and future beneficiaries) and operating funds (used primarily to fund UT System institutions’ short-term operating needs as well as long-term institutional needs)

Country

United States

AUM ($B)

$69

Performance

32.07

Chief Executive

Britt Harris

Chief Investment Officer

Britt Harris

Chair

Jeffery Hildebrand

Asset allocation

The Endowment’s asset allocation as of 31 August 2020 was as follows: Public Equity (31.1%), Directional Hedge Funds (10.3%), Private Equity (22.5%), Global Fixed Income (7.8%), Stable Value Hedge Funds (8.7%), Cash and other Assets/Liabilities (0.6%), Inflation Linked Bonds (1.3%), Commodities (01%), Natural Resources (6%), Infrastructure (2.7%), Real Estate (6.4%)

31.1% Public Equity

10.3% Directional Hedge Funds

22.5% Private Equity

7.8% Global Fixed Income

8.7% Stable Value Hedge Funds

0.6% Cash and Other Assets/Liabilibilities

1.3% Inflation Linked Bond

0.1% Gold and Commodities

6% Natural Resources

2.7% Infrastructure

6.4% Real Estate

Website

View the annual report

Global Pension Transparency Benchmark country system description

Asset allocation as of October 31, 2020. All information is as per the most recent annual report or other publicly available data via the fund's website

Top1000funds.com related articles

Investor Profile

After the horror of 2022, UTIMCO says asset classes set to do well

It’s possible that a traditional 60:40 passive portfolio could get close to a target return of 7-8 per cent this year in a trajectory not seen for the last 12 years, according to Rich Hall, CIO of $65 billion University of Texas endowment.

Sarah RundellJanuary 12, 2023

Investor Profile

UTIMCO harvests SPAC boom

UTIMCO's new CIO Rich Hall talks at the December board meeting about the profits the fund has found in SPACs, adding that UTIMCO is currently deploying strategies to arbitrage the market where Hall estimates there are still around 500 SPACs looking for acquisition targets.

Sarah RundellDecember 20, 2021

Investor Profile

Bridgewater and UTIMCO talk China

The $41 billion University of Texas Investment Management has been investing in China since 2007 and its CIO, Britt Harris says it “must be taken seriously”. Presenting at the endowment's board meeting, co-CIO of Bridgewater, Bob Prince, agreed, saying “China is too big to avoid”.

Sarah RundellOctober 17, 2019

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