UTIMCO is a not-for-profit investment management company responsible for the endowments and investment funds of The University of Texas System and The Texas A&M University System. Founded in 1996, the organization is modeled after the investment management companies of Harvard, Princeton, Stanford, and Duke Universities. It operates as a 501(c)(3) corporation with the mission of generating superior long-term investment returns to support university systems in teaching, discovery, and patient healthcare.
The firm manages assets exceeding $80 billion, including the largest public endowment fund in the nation. Its portfolio encompasses several distinct investment vehicles, including the Permanent University Fund, the Permanent Health Fund, the Long Term Fund, and the Intermediate Term Fund. UTIMCO is headquartered in Austin, Texas.
