Texas State University Logo
601 University Drive
J C Kellam Building, Suite 549
San Marcos, TX 78666
Ph: (512) 245-2541
Fax: (512) 245-8433
financialreporting@txstate.edu
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Investment Disclosure


The following investment information for Texas State University - San Marcos is presented for the purpose of compliance with the State Auditor's Office reporting requirements (required in Rider 5, page III-243 of the General Appropriations Act – 79th Legislature) and the investment requirements outlined in the Public Funds Investment Act presented in Chapter 2256 of the Texas Government Code. The information presented here is informational only and should not be relied upon to provide direction for individuals' or other institution's investment needs.

For inquiries regarding the institution’s investments, contact:

Mr. William Nance
Vice President, Finance and Support Services
601 University Drive
San Marcos, Texas 78666
wn02@txstate.edu
Phone: (512) 245-2244
Fax: (512) 245-2033

Investment Policies

TSUS Investment Policies for Operating Funds and Endowment Funds are approved by the Board of Regents of the Texas State University System and published at http://www.tsus.edu/publications-forms/policies-procedures.html


Quarterly Investment Reports

    FY2013

       1st Quarter: September 1, 2012-November 30, 2012
             Quarterly Investment Report (.pdf)

       2nd Quarter: December 1, 2012 - February 28, 2013
             Quarterly Investment Report (.pdf)

 

    FY2012

       1st Quarter: September 1, 2011-November 30, 2011
             Quarterly Investment Report (.pdf)
             SAO Standardized Format (.pdf)

       2nd Quarter: December 1, 2011-February 29, 2012
             Quarterly Investment Report (.pdf)
             SAO Standardized Format (.pdf)

       3rd Quarter: March 1, 2012-May 31, 2012
             Quarterly Investment Report (.pdf)

       4th Quarter: June 1, 2012-August 31, 2012
             Quarterly Investment Report (.pdf)

 

    FY2011

       1st Quarter: September 1, 2010-November 30, 2010
             Quarterly Investment Report (.pdf)
             SAO Standardized Format (.pdf)

       2nd Quarter: December 1, 2010-February 28, 2011
             Quarterly Investment Report (.pdf)
             SAO Standardized Format (.pdf)

       3rd Quarter: March 1, 2011-May 31, 2011
             Quarterly Investment Report (.pdf)
             SAO Standardized Format (.pdf)

       4th Quarter: June 1, 2011-August 31, 2011
             Quarterly Investment Report (.pdf)
             SAO Standardized Format (.pdf)

FY2010

  1st Quarter: September 1, 2009-November 30, 2009
        Quarterly Investment Report (.pdf)
        SAO Standardized Format (.pdf)

  2nd Quarter: December 1, 2009-February 28, 2010
        Quarterly Investment Report (.pdf)
        SAO Standardized Format (.pdf) 

  3rd Quarter: March 1, 2010-May 31, 2010
        Quarterly Investment Report (.pdf)
        SAO Standardized Format (.pdf) 

  4th Quarter: June 1, 2010-August 31, 2010
        Quarterly Investment Report (.pdf)
        SAO Standardized Format (.pdf)


  

 

Annual Investment Reports

FY 2012        

FY 2011

FY 2010

                              

 

Investment Disclosure Requirements

Investment Advisors

Texas State University-San Marcos employs an outside investment advisor and outside investment managers for the University endowment, and a fixed income investment manager for the non-operating assets.  The managers have the authority to make investment decisions within their asset class, and according to TSUS investment policy guidelines, without obtaining prior approval.  The advisor has no investment authority.  Names of the advisor and manager firms are as follows:

Investment Consultant:
Asset Strategy Consultants
Fran Coopersmith
400 South Australian Avenue, Ste. 750
West Palm Beach, FL 33401
(561) 253-7500


                                     
Investment Managers:

Apex Capital Management
                 Cutler Capital Management
8163 Old Yankee Rd.  Suite E                306 Main Street
Dayton, OH  45458                                Worcester, MA 01608


Rushmore Investment Advisors           Seizert Capital Partners, LLC
4965 Preston Park Blvd., Ste. 350E        185 Oakland Ave., Suite 100
Plano, TX  75093                                    Birmingham, Michigan 48009

Systematic Financial Management, L.P.
P.O. Box 2012
Teaneck, NJ  07666

Fixed Income Manager

Sage Advisory Services  Ltd., Co.
5900 Southwest Parkway
Building 1, Suite 100
Austin, TX  78735

   

Soft Dollar Arrangements

Systematic Financial Management, L.P. is the only manager to use soft dollar arrangements.  All trades are subject to best execution.  As part of the quarterly reporting package to Texas State University-San Marcos and Asset Strategy Consultants, Systematic is to provide a quarterly trade report that details the brokerage firms and commission rates used for all trades for that quarter.

 

Foundations

Texas State is associated with the Development Foundation, McCoy Foundation, and the Support Foundation.  Estimated market values for the foundations investment assets at 8/31/2012 were $51.5 Million, $25.8 Million and $338,000.00 respectively. For additional information regarding these foundations, please contact the listed representative.

Development Foundation

Dr. Barbara Breier
Texas State University-San Marcos
VP for University Advancement
JCK 960
San Marcos, Texas 78666
Phone: 512-245-2396

McCoy Foundation

Dr. Eugene Payne
Texas State University-San Marcos
Asst Dean, McCoy College of Business
MCOY 322
San Marcos, Texas  78666
Phone:  512-245-3926

Support Foundation

Valarie Van Vlack
Texas State University-San Marcos
Treasurer
JCK 823
San Marcos, Texas  78666
Phone:  512-245-2620

  

Disclosure last updated: October 8, 2012