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re: SEC Schools : Enrollment % by State (per University enrollment reports)
Posted on 4/13/16 at 8:58 am to lestertheghost
Posted on 4/13/16 at 8:58 am to lestertheghost
About as astute a post as one could expect from someone with 29 posts.
UTIMCO, which is a non-profit investment management corporation, doesn't "manage A&M's endowment". It manages A&M's share of the PUF in addition to managing UT's endowment. But aside from that fact, UTIMCO is managed by a board of directors consisting of 9 members. 3 of the members are appointed by UT, 2 of the members are appointed by A&M. So it's incorrect to state that UT manages even the PUF. As A&M has permanent board members reflecting its division of the PUF funds, the PUF is mutually managed by UT & A&M. A&M's non-PUF endowment is not managed by UTIMCO. The rest of UT's endowment aside from the PUF is managed by UTIMCO.
UTIMCO, which is a non-profit investment management corporation, doesn't "manage A&M's endowment". It manages A&M's share of the PUF in addition to managing UT's endowment. But aside from that fact, UTIMCO is managed by a board of directors consisting of 9 members. 3 of the members are appointed by UT, 2 of the members are appointed by A&M. So it's incorrect to state that UT manages even the PUF. As A&M has permanent board members reflecting its division of the PUF funds, the PUF is mutually managed by UT & A&M. A&M's non-PUF endowment is not managed by UTIMCO. The rest of UT's endowment aside from the PUF is managed by UTIMCO.
This post was edited on 4/13/16 at 9:07 am
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