2025-07-08T09:16:48+00:00 2024-08-31 990 2023-09-01 742765082 The University of TexasTexas A&M Investment Management Company UNIV 5122251600 210 W 7TH STREET 1700 AUSTIN TX 78701 RICHARD L HALL PRESIDENT, CEO AND CIO 5122251600 2025-07-08 2023 2025-03-06 01:10:19Z RICHARD L HALL 210 W 7TH STREET 1700 AUSTIN TX 78701 74624200 false X WWW.UTIMCO.ORG X 1996 TX To provide professional investment management and related services for the funds under management and control of the Board of Regents of The University of Texas System. 9 8 153 0 0 0 0 0 67943364 71686168 2141957 2937571 0 0 70085321 74623739 0 0 0 0 54517399 46351775 0 0 0 14473373 15074390 68990772 61426165 1094549 13197574 70057072 80442399 41996274 39184027 28060798 41258372 To generate superior long-term investment returns to support The University of Texas and Texas A&M University systems as they provide world-class teaching, push the boundaries of discovery, and achieve excellence in patient healthcare for the people of Texas and beyond. false false 53216073 0 71686168 Investment of funds under the control and management of the Board of Regents of The University of Texas System. 53216073 true false false false false false false false false true false false true true false true true false false false false false false false false false false false true false false false false false false false false false false false false false true false true false true 29 0 true 153 true false false false false false false true false X 9 8 false false false false false true true true true false false true true true true true true true true false X UTIMCO - KIM BAUER 5122251600 210 W 7TH STREET SUITE 1700 AUSTIN TX 78701 JAMES B MILLIKEN DIRECTOR/VICE CHAIRMAN FOR POLICY 1.0 39.0 X X 0 995267 240772 JAMES CONRAD WEAVER DIRECTOR/CHAIRMAN 1.0 X X 0 0 0 JAY GRAHAM DIRECTOR/VICE CHARIMAN 1.0 X X 0 0 0 RAY ROTHROCK DIRECTOR/VICE CHAIRMAN 1.0 X X 0 0 0 DAVID BAGGETT DIRECTOR 1.0 X 0 0 0 HOWARD BERK DIRECTOR 1.0 X 0 0 0 JANET HANDLEY DIRECTOR 1.0 X 0 0 0 JANIECE LONGORIA DIRECTOR 1.0 X 0 0 0 JODIE LEE JILES DIRECTOR 1.0 X 0 0 0 RAY NIXON DIRECTOR 1.0 X 0 0 0 ALISON ROGERS-MCCOY MANAGING DIRECTOR AND CHIEF HUMAN RESOURCES OFFICER 40.0 X 258188 0 248010 AMANDA HOPPER MANAGING DIRECTOR - INVESTMENTS 40.0 X 1075353 0 333508 ANTHONY CARUSO MANAGING DIRECTOR - INVESTMENTS 40.0 X 1109361 0 513748 CAROLINA DE ONIS GENERAL COUNSEL & CHIEF COMPLIANCE OFFICER 40.0 X 798567 0 288529 COURTNEY POWERS MANAGING DIRECTOR - INVESTMENTS 40.0 X 1309264 0 530442 CRAIG THOMAS MANAGING DIRECTOR - INVESTMENTS 40.0 X 773945 0 336956 EDWARD LEWIS SENIOR MANAGING DIRECTOR - INVESTMENTS 40.0 X 1512762 0 494859 GARY HILL MANAGING DIRECTOR - OPERATIONS, ACCOUNTING & REPORTING 40.0 X 446902 0 202350 GUS DEERING MANAGING DIRECTOR AND CHIEF TECHNOLOGY OFFICER 40.0 X 490225 0 250211 JAMES R KAMPFE MANAGING DIRECTOR - INVESTMENTS 40.0 X 752360 0 264617 JOAN MOELLER COO, CORP. SECRETARY & TREASURER 40.0 X 741433 0 328406 MUKUND JOSHI MANAGING DIRECTOR - INVESTMENTS 40.0 X 959221 0 323422 PATRICK PACE MANAGING DIRECTOR - INVESTMENTS 40.0 X 1596152 0 452392 RICHARD L HALL PRESIDENT, CHIEF EXECUTIVE OFFICER AND CHIEF INVESTMENT OFFICER 40.0 X 4050977 0 1289536 RODNEY R RUEBSAHM SENIOR MANAGING DIRECTOR - INVESTMENTS 40.0 X 1977801 0 805664 SUSAN CHEN SENIOR MANAGING DIRECTOR - INVESTMENTS 40.0 X 1631604 0 504943 UZIEL YOELI MANAGING DIRECTOR - RISK MANAGEMENT 40.0 X 791942 0 314554 BRAD MCCARTER SENIOR DIRECTOR - INVESTMENTS 40.0 X 698639 0 236405 EDWARD MORRIS SENIOR DIRECTOR-INVESTMENTS 40.0 X 753100 0 242431 KENNETH STANDLEY SENIOR DIRECTOR - INVESTMENTS 40.0 X 876338 0 300390 KYLE BURHOP SENIOR DIRECTOR - INVESTMENTS 40.0 X 731792 0 275080 TIMOTHY JONES SENIOR DIRECTOR - RISK MANAGMENT 40.0 X 828870 0 267650 THOMAS BRITTON HARRIS IV PRESIDENT AND CHIEF EXECUTIVE OFFICER 0.0 X 2718358 0 40199 26883154 995267 9085074 109 true true false BLOOMBERG LP 731 LEXINGTON AVENUE NEW YORK NY 10022 FINANCIAL SERVICES 1189801 NATIONAL SYSTEMS AMERICA LP 6860 DALLAS PARKWAY SUITE 200 PLANO TX 75024 IT CONSULTING 359144 THE BURGISS GROUP LLC 111 RIVER STREET 10TH FLOOR HOBOKEN NJ 07030 ONLINE DATA/SUBSCRIPTION SERVICES 109699 DAVID BARRETT PARTNERS LLC 230 PARK AVENUE SUITE 450 NEW YORK NY 10169 HIRING CONSULTANTS 105970 4 0 0 0 0 0 0 0 0 MANAGEMENT FEES 523920 71686168 71686168 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 71686168 2938032 0 0 2938032 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 461 0 -461 -461 0 0 -461 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 74623739 71686168 0 2937571 0 0 0 0 0 0 0 0 22255345 16691509 5563836 0 0 0 0 0 16546868 16546868 0 0 1774952 1536389 238563 0 2565977 2221096 344881 0 3208633 2777376 431257 0 0 0 0 0 154315 0 154315 0 133720 115747 17973 0 0 0 0 0 0 0 0 0 0 0 348268 301459 46809 0 0 0 0 0 81804 70809 10995 0 2299172 1990152 309020 0 0 0 0 0 809417 700627 108790 0 1082985 1082985 0 0 0 0 0 0 139078 120385 18693 0 180346 156107 24239 0 0 0 0 0 4754938 4115850 639088 0 64660 55969 8691 0 ONLINE RESEARCH & DATA SUBSCRIPTIONS 4028152 4028152 0 0 CONTRACT SERVICES-OTHER 276932 239711 37221 0 PARKING 257374 222782 34592 0 RECRUITING AND OTHER HR SERVICES 246742 213579 33163 0 216487 28521 187966 0 61426165 53216073 8210092 0 0 0 0 0 183458 209309 41615068 52646768 0 0 11294 19822 0 0 0 0 0 0 0 0 1772405 1932848 42150101 21348287 22475307 20801814 0 0 0 0 0 0 3999540 4831838 70057072 80442399 19810791 16843908 0 0 0 0 0 0 0 0 0 0 0 0 0 0 22185483 22340119 41996274 39184027 0 0 0 0 0 0 0 0 28060798 41258372 28060798 41258372 70057072 80442399 13197574 0 0 0 0 0 X false true X true false X X 1 THE UNIVERSITY OF TEXAS SYSTEM 300710145 6 true 0 0 1 0 0 true false false false false false false false false false false false false false false true false 0 0 0 0 0 0 0 0 11371721 6672268 4699453 0 2667953 2155810 512143 0 28110427 12520209 15590218 20801814 ARTWORK TOTAL 5767 DEFERRED COMPENSATION PLAN ASSETS (457B) 4826071 4831838 DEFERRED COMPENSATION PLAN OBLIGATIONS (457B) 4826071 CURRENT PORTION-LEASE LIABILITY 2488941 LONG-TERM PORTION-LEASE LIABILITY 12844050 CURRENT PORTION-SBITA LIABILITY 999860 LONG-TERM PORTION-SBITA LIABILITY 1181197 22340119 74623739 0 0 74623739 0 0 74623739 61426165 0 0 61426165 0 0 61426165 X X X X X false true false false false false false true false JAMES B MILLIKEN DIRECTOR/VICE CHAIRMAN FOR POLICY 0 964072 0 0 0 31195 0 28050 0 212722 0 1236039 0 0 THOMAS BRITTON HARRIS IV PRESIDENT AND CHIEF EXECUTIVE OFFICER 549700 0 2167359 0 1299 0 28050 0 12149 0 2758557 0 2167359 0 RICHARD L HALL PRESIDENT, CHIEF EXECUTIVE OFFICER AND CHIEF INVESTMENT OFFICER 793250 0 3255172 0 2555 0 1280473 0 9063 0 5340513 0 3205733 0 RODNEY R RUEBSAHM SENIOR MANAGING DIRECTOR - INVESTMENTS 472657 0 1502289 0 2855 0 776626 0 29038 0 2783465 0 1475023 0 SUSAN CHEN SENIOR MANAGING DIRECTOR - INVESTMENTS 475585 0 1153463 0 2556 0 483910 0 21033 0 2136547 0 1134159 0 PATRICK PACE MANAGING DIRECTOR - INVESTMENTS 420991 0 1172051 0 3110 0 423353 0 29039 0 2048544 0 1152075 0 EDWARD LEWIS SENIOR MANAGING DIRECTOR - INVESTMENTS 452216 0 1057691 0 2855 0 466046 0 28813 0 2007621 0 1042435 0 COURTNEY POWERS MANAGING DIRECTOR - INVESTMENTS 349849 0 956439 0 2976 0 500262 0 30180 0 1839706 0 937770 0 ANTHONY CARUSO MANAGING DIRECTOR - INVESTMENTS 336799 0 770006 0 2556 0 484939 0 28809 0 1623109 0 688728 0 AMANDA HOPPER MANAGING DIRECTOR - INVESTMENTS 349991 0 722806 0 2556 0 303470 0 30038 0 1408861 0 709220 0 MUKUND JOSHI MANAGING DIRECTOR - INVESTMENTS 336657 0 620008 0 2556 0 294383 0 29039 0 1282643 0 610531 0 CRAIG THOMAS MANAGING DIRECTOR - INVESTMENTS 284466 0 486952 0 2527 0 308147 0 28809 0 1110901 0 0 0 UZIEL YOELI MANAGING DIRECTOR - RISK MANAGEMENT 372795 0 416291 0 2856 0 296248 0 18306 0 1106496 0 416291 0 CAROLINA DE ONIS GENERAL COUNSEL & CHIEF COMPLIANCE OFFICER 403516 0 392496 0 2555 0 258349 0 30180 0 1087096 0 383951 0 JOAN MOELLER COO, CORP. SECRETARY & TREASURER 435317 0 303261 0 2855 0 316003 0 12403 0 1069839 0 303261 0 JAMES R KAMPFE MANAGING DIRECTOR - INVESTMENTS 337475 0 414129 0 756 0 237626 0 26991 0 1016977 0 414129 0 GUS DEERING MANAGING DIRECTOR AND CHIEF TECHNOLOGY OFFICER 360990 0 126679 0 2556 0 220172 0 30039 0 740436 0 126679 0 GARY HILL MANAGING DIRECTOR - OPERATIONS, ACCOUNTING & REPORTING 285849 0 158197 0 2856 0 171170 0 31180 0 649252 0 158197 0 ALISON ROGERS-MCCOY MANAGING DIRECTOR AND CHIEF HUMAN RESOURCES OFFICER 32678 0 225000 0 510 0 247479 0 531 0 506198 0 0 0 KENNETH STANDLEY SENIOR DIRECTOR - INVESTMENTS 264899 0 609183 0 2256 0 270210 0 30180 0 1176728 0 598646 0 TIMOTHY JONES SENIOR DIRECTOR - RISK MANAGMENT 267146 0 559698 0 2026 0 238702 0 28948 0 1096520 0 498614 0 KYLE BURHOP SENIOR DIRECTOR - INVESTMENTS 244333 0 485103 0 2356 0 265027 0 10053 0 1006872 0 0 0 EDWARD MORRIS SENIOR DIRECTOR-INVESTMENTS 257323 0 493521 0 2256 0 213392 0 29039 0 995531 0 433503 0 BRAD MCCARTER SENIOR DIRECTOR - INVESTMENTS 269798 0 426250 0 2591 0 206225 0 30180 0 935044 0 0 0 Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan FOLLOWING ARE THE NAMES OF THE LISTED PERSONS PAID AMOUNTS FOR THE 2023 CALENDAR YEAR UNDER AN ARRANGEMENT DESCRIBED IN 4B: RICHARD HALL $3,255,172 RODNEY R. RUEBSAHM $1,502,289 SUSAN CHEN $1,153,463 PATRICK PACE $1,172,051 EDWARD LEWIS $1,057,691 COURTNEY POWERS $956,439 ANTHONY CARUSO $770,006 AMANDA HOPPER $722,806 MUKUND JOSHI $620,008 KENNETH STANDLEY $609,183 CRAIG THOMAS $484,452 UZIEL YOELI $416,291 TIMOTHY JONES $559,698 CAROLINA DE ONIS $392,496 JOAN MOELLER $303,261 JAMES R. KAMPFE $414,129 KYLE BURHOP $485,103 EDWARD MORRIS $493,521 GUS DEERING $126,679 GARY HILL $158,197 THOMAS BRITTON HARRIS IV $2,167,359 Schedule J, Part I, Line 7 Non-fixed payments AS DISCUSSED IN SCHEDULE O, PART VI, SECTION B, LINE 15A AND B, BASE SALARIES AND PERFORMANCE AWARDS OF KEY INVESTMENT AND OPERATIONS EMPLOYEES ARE DETERMINED PURSUANT TO THE PROVISIONS OF THE UTIMCO COMPENSATION PROGRAM (THE PLAN). THE PERFORMANCE AWARD PROVISIONS OF THE PLAN ARE CONSIDERED A NONQUALIFIED RETIREMENT PLAN UNDER 457(F). THE PLAN IS AN UNFUNDED, UNSECURED LIABILITY OF THE ORGANIZATION TO MAKE PAYMENTS IN ACCORDANCE WITH THE PROVISIONS OF THE PLAN. THE PLAN DESCRIBES AND LISTS THE ELIGIBLE POSITIONS. THE UTIMCO EMPLOYEES WHO HOLD AN ELIGIBLE POSITION WILL BE A PARTICIPANT IN THE PLAN. FOR THE PLAN YEARS 2021, 2022, 2023, AND 2024, THE PERFORMANCE PERIODS WERE JULY 1, 2020, TO JUNE 30, 2021, JULY 1, 2021, TO JUNE 30, 2022, JULY 1, 2022, TO JUNE 30, 2023, AND JULY 1, 2023, TO JUNE 30, 2024, RESPECTIVELY. THE PARTICIPANTS MAY BE MEASURED AGAINST TWO CATEGORIES OF PERFORMANCE STANDARDS: (1) QUANTITATIVE PERFORMANCE AND (2) QUALITATIVE PERFORMANCE. THE QUALITATIVE PERFORMANCE STANDARDS ARE ESTABLISHED JOINTLY BY THE PARTICIPANT AND HIS OR HER SUPERVISOR AND ARE APPROVED BY THE CEO. THE CEO'S PERFORMANCE STANDARDS ARE DETERMINED AND APPROVED BY THE UTIMCO BOARD. UPON COMPLETION OF THE PERFORMANCE PERIOD, THE COMPENSATION COMMITTEE AND UTIMCO BOARD DETERMINE A PARTICIPANT'S LEVEL OF ACHIEVEMENT AGAINST THE PARTICIPANT'S PERFORMANCE STANDARDS. BASED ON THE DETERMINATION OF LEVEL OF ACHIEVEMENT, A PERFORMANCE AWARD IS AWARDED. FIFTY PERCENT TO ONE HUNDRED PERCENT OF THE PERFORMANCE AWARD IS PAID TO THE PARTICIPANT WITHIN 170 DAYS OF THE COMPLETION OF THE PERFORMANCE PERIOD BUT NO LATER THAN THE END OF THE CALENDAR YEAR IN WHICH PERFORMANCE PERIOD ENDS. ZERO TO FIFTY PERCENT OF THE PERFORMANCE AWARD IS TREATED AS A NONVESTED DEFERRED AWARD, SUBJECT TO THE TERMS OF THE PLAN. THE PERCENTAGE TREATED AS A NONVESTED DEFERRED AWARD IS DETERMINED BY THE PLAN, BASED ON EACH ELIBILE POSITION. FOR THE PLAN YEARS 2021, 2022, 2023, AND 2024, ONE HALF OF THE NONVESTED DEFERRED AWARDS VEST IN EACH OF THE FOLLOWING TWO YEARS ON THE ANNIVERSARY DATE OF THE PERFORMANCE PLAN FOR PLAN YEAR. IN CERTAIN CIRCUMSTANCES, AWARDS MAY BE SUBJECT TO HAIRCUT OR CLAWBACK PROVISIONS OR EXTRAORDINARY MANDATORY DEFERRALS. IN PLAN YEAR 2022, THE EXTRAORDINARY MANDATORY DEFERRAL PROVISION OF THE PLAN WAS TRIGGERED FOR CERTAIN PARTICPANTS AND THE DEFERRED AWARDS VESTED ON THE ONE YEAR ANNIVERSARY OF THE PERFORMANCE PLAN YEAR OF JUNE 30, 2023. WHEN A PARTICIPANT MEETS THE RETIREMENT PROVISIONS OF THE PLAN, THE PARTICIPANT'S NONVESTED DEFERRED AWARDS WILL AUTOMATICALLY VEST AND ANY FUTURE AWARDS WILL VEST UPON BEING AWARDED BY THE UTIMCO BOARD. EXCEPT IN LIMITED CIRCUMSTANCES, SUCH AS THE DEATH OR DISABILITY OF A PARTICIPANT, OR INVOLUNTARY TERMINATION FOR REASONS OTHER THAN CAUSE, A PARTICIPANT WHO IS NO LONGER EMPLOYED WITH UTIMCO ON AN ANNIVERSARY DATE WILL FORFEIT ANY NONVESTED DEFERRED AWARDS. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body UTIMCO is governed by a nine-member board of directors as required by Texas Education Code, Section 66.08. UTIMCO's Board of Directors consists of seven members appointed by the UT System Board of Regents and two members appointed by the Texas A&M University System Board of Regents. The seven members appointed by the UT System Board of Regents shall include at least three members of the UT System Board, one qualified individual as determined by the UT System Board which may include the Chancellor of the UT System and three with substantial background and expertise in investments. Of the two members appointed by the Texas A&M University System Board, one must have substantial background and expertise in investments. All directors have equal voting rights. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders AS STATED IN 7A ABOVE, THE BOARD OF REGENTS OF THE UNIVERSITY OF TEXAS SYSTEM APPOINTS SEVEN OF THE UTIMCO DIRECTORS AND THE BOARD OF REGENTS OF TEXAS A&M UNIVERSITY SYSTEM APPOINTS TWO. PURSUANT TO AN INVESTMENT MANAGEMENT SERVICES AGREEMENT, UTIMCO IS GRANTED AUTHORITY TO ACT FOR THE UT BOARD OF REGENTS IN THE INVESTMENT OF THE FUNDS UNDER THE MANAGEMENT AND CONTROL OF THE UT BOARD OF REGENTS. HOWEVER, THE UT BOARD OF REGENTS HAS RETAINED FINAL APPROVAL FOR THE INVESTMENT POLICY STATEMENTS COVERING THE FUNDS UNDER INVESTMENT, THE SELECTION OF THE EXTERNAL AUDITOR FOR THE FUNDS, AND THE SELECTION OF THE CUSTODIAN. IN ADDITION, THE UT BOARD OF REGENTS APPROVES THE PROPOSED ANNUAL UTIMCO OPERATING AND CAPITAL BUDGETS, AUDIT AND ETHICS COMMITTEE MEMBERS, AND KEY GOVERNANCE DOCUMENTS, INCLUDING THE ARTICLES OF INCORPORATION, BYLAWS, CODE OF ETHICS, AND UTIMCO COMPENSATION PROGRAM. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS COMPLETED BY UTIMCO EMPLOYEES. THE SENIOR MANAGING DIRECTOR AND CHIEF OPERATING OFFICER, WHO IS ALSO A CPA AND SERVES AS THE CORPORATION'S SECRETARY AND TREASURER, PERFORMED A DETAILED, LINE BY LINE REVIEW OF THE INFORMATION REPORTED BY UTIMCO EMPLOYEES. THE 990 WAS PROVIDED TO THE PRESIDENT, CEO, AND CIO AND TO THE BOARD OF DIRECTORS. Form 990, Part VI, Line 12c Conflict of interest policy ALL UTIMCO DIRECTORS AND EMPLOYEES ARE REQUIRED TO FILE, UPON COMMENCEMENT OF ASSOCIATION WITH UTIMCO, AND ANNUALLY THEREAFTER, A FINANCIAL DISCLOSURE STATEMENT DISCLOSING PERSONAL INVESTMENTS AND RELATIONSHIPS THAT HAVE THE POTENTIAL TO CREATE CONFLICTS OF INTEREST WITH THE CORPORATION. CONFLICTS CHECKS ARE ALSO PERFORMED BEFORE ANY INVESTMENT IS MADE. ADDITIONALLY, THE UTIMCO CHIEF COMPLIANCE OFFICER REVIEWS THE STATEMENTS FILED BY DIRECTORS AND KEY EMPLOYEES AND PERIODICALLY REVIEWS PUBLICLY AVAILABLE RESOURCES TO INDEPENDENTLY VERIFY THE INFORMATION CONTAINED IN THE FINANCIAL DISCLOSURE STATEMENTS. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE UTIMCO BOARD CREATED A COMPENSATION COMMITTEE IN 1996. THIS COMMITTEE IS TASKED WITH DETERMINING THE BASE SALARIES AND PERFORMANCE AWARDS OF KEY INVESTMENT AND OPERATIONS EMPLOYEES (OTHER THAN THE CEO), PURSUANT TO THE PROVISIONS OF THE UTIMCO COMPENSATION PROGRAM (THE PLAN). THE COMPENSATION COMMITTEE IS ALSO TASKED WITH RECOMMENDING TO THE UTIMCO BOARD OF DIRECTORS, THE BASE SALARY AND PERFORMANCE AWARD OF THE CEO. PURSUANT TO THE PLAN, THE COMMITTEE MUST HIRE AN INDEPENDENT CONSULTANT AT LEAST ONCE EVERY THREE YEARS TO PERFORM A COMPENSATION BENCHMARKING STUDY. THE INDEPENDENT CONSULTANT ALSO WORKS CLOSELY WITH THE COMMITTEE ON PLAN DESIGN. IN YEARS IN WHICH A FORMAL STUDY IS NOT PERFORMED, BASE SALARIES MAY BE ADJUSTED BASED ON APPROPRIATE PUBLISHED COMPENSATION SURVEYS. THE LAST COMPENSATION BENCHMARKING STUDY FOR ALL ELIGIBLE POSITIONS WAS COMPLETED IN MAY 2023. ADDITIONALLY, CERTAIN SUPPORT & CONTROL POSITIONS WERE BENCHMARKED IN MAY 2024. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE SPECIFIC POSITIONS INCLUDED IN THE SALARY BENCHMARKING STUDIES PERFORMED BY THE OUTSIDE CONSULTANT COMPLETED IN MAY 2023 AND 2024 WERE AS FOLLOWS: INVESTMENT PROFESSIONALS: CEO, CHIEF INVESTMENT OFFICER & PRESIDENT CHIEF INVESTMENT OFFICER DEPUTY CHIEF INVESTMENT OFFICER SENIOR MANAGING DIRECTOR-INVESTMENTS MANAGING DIRECTOR-INVESTMENTS MANAGING DIRECTOR-RISK SENIOR DIRECTOR-INVESTMENTS SENIOR DIRECTOR-RISK/TAA/COS DIRECTOR-INVESTMENTS DIRECTOR-RISK/TAA/COS ASSOCIATE DIRECTOR-INVESTMENTS ASSOCIATE DIRECTOR-RISK/TAA/COS ASSOCIATE-INVESTMENTS ASSOCIATE-RISK/TAA/COS SENIOR ANALYST-INVESTMENTS SENIOR ANALYST-RISK/TAA/COS ANALYST-INVESTMENTS ANALYST-RISK/TAA OPERATIONS/SUPPORT PROFESSIONALS: CHIEF OPERATING OFFICER GENERAL COUNSEL AND CHIEF COMPLIANCE OFFICER CHIEF TECHNOLOGY OFFICER CHIEF HUMAN RESOURCES OFFICER MANAGING DIRECTOR SENIOR DIRECTOR DIRECTOR MINUTES ARE MAINTAINED OF ALL OPEN SESSIONS OF THE UTIMCO BOARD AND COMPENSATION COMMITTEE AS REQUIRED BY THE TEXAS OPEN MEETINGS ACT, TEXAS GOVERNMENT CODE, CHAPTER 551. Form 990, Part VI, Line 19 Required documents available to the public UTIMCO HAS MADE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE ON ITS WEBSITE AT WWW.UTIMCO.ORG. THE YEAR-END AUDITED FINANCIAL STATEMENTS ARE AVAILABLE IN THE BOARD MATERIALS WHICH ARE ALSO AVAILABLE AT THE UTIMCO WEBSITE. UTIMCO IS SUBJECT TO THE TEXAS PUBLIC INFORMATION ACT, TEXAS GOVERNMENT CODE, CHAPTER 552, AND UPON REQUEST, WOULD PROVIDE COPIES FOR INSPECTION OR COPYING TO THE REQUESTOR. THE UNIVERSITY OF TEXAS SYSTEM 201 W 7TH STREET AUSTIN TX 78701 300710145 EDUCATION TX 501(c)(1) NA false false false false false false false false false false false true true false false false true false false false THE UNIVERSITY OF TEXAS SYSTEM K 3632944 SEE PART VII., SUPPLEMENTAL INFORMATION THE UNIVERSITY OF TEXAS SYSTEM L 71678668 SEE PART VII., SUPPLEMENTAL INFORMATION THE UNIVERSITY OF TEXAS SYSTEM P 198376 SEE PART VII., SUPPLEMENTAL INFORMATION Schedule R, Part V, Line 1l 71,678,668 UTIMCO RECEIVED MANAGEMENT FEES FOR ITS INVESTMENT MANAGEMENT AND RELATED SERVICES IN THE AMOUNT OF $71,678,668 FOR THE TAX YEAR. THE AMOUNT OF THE MANAGEMENT FEES WAS BASED ON THE BUDGET APPROVED BY THE UTIMCO BOARD AND UT SYSTEM BOARD OF REGENTS. Schedule R, Part V, Line 1k 3,632,944 UTIMCO ENTERED INTO A 124-MONTH LEASE AGREEMENT WITH THE UNIVERSITY OF TEXAS SYSTEM EFFECTIVE FEBRUARY 1, 2018, AND SUBSEQUENT AMENDMENT EFFECTIVE MAY 1, 2020, THAT EXTENDS THE LEASE THROUGH MAY 21, 2030. BASE RENT AND OPERATING RENT PAID DURING THE TAX YEAR TOTALED $3,343,170. PARKING EXPENSE IS ALSO PAID TO THE UNIVERSITY OF TEXAS SYSTEM PER THE TERMS OF THE LEASE AND TOTALED $289,774 DURING THE TAX YEAR. Schedule R, Part V, Line 1p 198,376 UTIMCO CONTRACTS FOR INTERNET, MAINFRAME CONNECTION, TECHNOLOGY SERVICES AND VARIOUS OTHER EXPENSES WITH THE UNIVERSITY OF TEXAS SYSTEM. THE TOTAL FOR THESE SERVICES FOR THE TAX YEAR WAS $198,376.