UT System News Media Advisory

Regents to Meet in Austin on April 29 to Discuss UTIMCO

The Board of Regents of the University of Texas System will hold a special meeting in Austin at 10:00 a.m. on Thursday, April 29, 2004.

The agenda includes discussion and possible action concerning the Board's ongoing review of The University of Texas Investment Management Company (UTIMCO).

The Board announced on February 3 the formation of a working group to review the structure and services provided by UTIMCO. Appointment of the group followed action taken by the board in December that called for the review of UTIMCO issues with the goal of improving the investment management function and accountability of the UT System.

The open session of the board meeting will be webcast and available for viewing at mms://media1.utsystem.edu/UTBOR042904.

The meeting will be on the 9th floor of Ashbel Smith Hall, 201 West 7th Street, Austin.

Parking for the news media will be available at the guard kiosk on the alley on Colorado Street between 7th Street and 6th Street.

The agenda book for the meeting has been posted on the Internet at http://www.utsystem.edu/bor/AgendaBook/4-29-04Meetingpage.htm.