Educational endowment fund
Texas Permanent School Fund
Oldest US state SWF, established by the Texas legislature in 1854 to support public education; funded historically through public-land oil and gas royalties and managed jointly by the State Board of Education and the General Land Office.
Type
Educational endowment fund
Funding
Commodity (oil & gas)
Established
1854
Assets
USD ~55 billion (TX SBOE/TEA disclosures)
Based in
Austin, TX, US
Region
North America
Investment focus
Public equity, Fixed income, Private markets, Real assets
Sector interests
Diversified globally
Style
Long-term endowment, Multi-asset, External + internal
Public profile
Medium
Focus, sectors and style are compiled from public sources and industry listings, not confirmed with the fund.
Visit tea.texas.govOpens the fund’s own site in a new tab.
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