Asset Allocation
Texas Constitutional Amendment Creates Endowment Fund for Newer Universities
A separate proposition enabling a cost-of-living increase to pensions for retired teachers was also approved.
Tag: Texas Treasury Safekeeping Trust Company
Asset Allocation
Proposed Amendment to Texas Constitution Would Create Endowments for Smaller Schools
Universities other than the state’s two flagship institutions would benefit from the proposition.
Exclusive: Exit Interview as Paul Ballard Says Goodbye to Texas Treasury Safekeeping Trust
His innovative approach to risk management leaves its mark: on his last day at the office before retiring, Ballard reflects on lessons learned at the $80 billion plan since 2003.
Newsmakers
Exclusive: Texas Treasury Safekeeping Trust Co. CIO Retiring
Paul Ballard approached investing with an eye for uncorrelated sources of return, ran the $80 billion sovereign wealth fund since 2003.