How does TCU manage its endowment?
In spring 2006, the Investment Committee of the Board of Trustees hired the University’s first chief investment officer (CIO), who has taken a leading role in the endowment’s management. The CIO, under the direction of the Investment Committee, has been given the responsibility of overseeing the endowment. The CIO is a seasoned investment professional with experience managing large institutional portfolios. He is charged with ensuring that all policies and investment decisions comply with the current Investment Policy. The primary goals of the Investment Committee and the CIO are to provide annual budgetary support and to preserve the long-term value of the endowment for future generations. The Investment Policy determines the strategic asset allocation, the nature of investments, the selection of investment managers and the evaluation of performance. A detailed report of TCU’s investments can be found in the University’s annual report.
