Created in March 1996, The University of Texas/Texas A&M Investment Management Company (UTIMCO) is the first external investment corporation formed by a public university system and oversees investments for The University of Texas and Texas A&M Systems.
UTIMCO's mission is 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.
UTIMCO's vision is to strive to be the world's leading endowment fund, making a lasting positive impact on the future of Texas and beyond.
The University of Texas System
The University of Texas System was established in 1876 by the Texas Legislature, and is one of the nation’s largest systems of higher education, with 13 institutions that educate more than 230,000 students. Each year, UT institutions award more than one-third of all undergraduate degrees in Texas and almost two-thirds of all health professional degrees. With about 20,000 faculty – including Nobel laureates – and more than 80,000 health care professionals, researchers, student advisors and support staff, the UT System is one of the largest employers in the state.
The Texas A&M University System
The Texas A&M University System was created by the Texas Legislature in 1948 to manage the evolution of a statewide educational, research and service system, and is one of the largest systems of higher education in the nation. Through a statewide network of 11 universities and eight state agencies, the Texas A&M System educates more than 152,000 students and makes more than 22 million additional educational contacts through service and outreach programs each year. With more than 26,000 faculty and staff, the A&M System has a physical presence in 250 of the state’s 254 counties.