UT System Board of Regents appoints Robert Gauntt to UTIMCO Board

AUSTIN—The University of Texas System Board of Regents has appointed Robert P. Gauntt to the Board of Directors of The University of Texas/Texas A&M Investment Management Co. (UTIMCO).

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Robert P. Gauntt

Gauntt is a Founding Partner at Avalon Advisors and is a member of the University of Texas System Chancellor’s Council Executive Committee, the Pro-Vision Charter School, and Hope for Africa Advisory Group.

Prior to forming Avalon, Gauntt spent five years in Morgan Stanley’s Private Wealth Management Division, assisting the company in starting its first Private Wealth Office in Texas.

From 1991 to 1996, Gauntt was with Goldman Sachs’ Private Wealth Management Division in Houston, and in 2008 he was appointed to the Teacher Retirement System of Texas Board of Trustees where he served as Chairman of the Investment Committee.

Gauntt was appointed to a three-year term on the UTIMCO board and succeeded H. Lee S. Hobson in the position.

UTIMCO is a 501(c)(3) investment management corporation whose sole purpose is the management of investment assets under the fiduciary care of the Board of Regents of The University of Texas System. Created in March 1996, UTIMCO is the first external investment corporation formed by a public university system in the nation.

The UTIMCO Board consists of nine members. Seven directors are appointed by the Board of Regents of The University of Texas System, consisting of three members of the Board of Regents; three individuals with substantial background and expertise in investments; and one other qualified individual. Two directors are appointed by the Board of Regents of The Texas A&M University System, at least one of whom must have a substantial background and expertise in investments.

About The University of Texas System
Educating students, providing care for patients, conducting groundbreaking basic, applied and clinical research, and serving the needs of Texans and the nation for more than 130 years, The University of Texas System is one of the largest public university systems in the United States. With 14 institutions and an enrollment of more than 234,000 students, the UT System confers more than one-third of the state’s undergraduate degrees, educates approximately two-thirds of the state’s health care professionals annually and accounts for almost 70 percent of all research funds awarded to public institutions in Texas. The UT System’s operating budget for FY 2018 is $18.3 billion, including $3.6 billion in sponsored programs funded by federal, state, local and private sources. With more than 20,000 faculty – including Nobel laureates and many members of the National Academies – and nearly 80,000 health care professionals, researchers, student advisors and support staff, the UT System is one of the largest employers in the state.

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Karen Adler: kadler@utsystem.edu  • 512-499-4360 (direct) • 210-912-8055 (cell)
Melanie Thompson: mthompson@utsystem.edu • 512-499-4487 (direct) • 832-724-1024 (cell)