TMIA Application

Texas McCombs Investment Advisors, LLC
Deadline: September 14, 2024

Texas McCombs Investment Advisers, L.L.C. (hereafter the “Fund”) is a private, limited liability company formed primarily to offer MBA students in the McCombs School of Business the opportunity to experience first-hand the complexities of the investment management business. At present, the Fund has approximately $20 million in assets. The Fund manages two portfolios that allow for the purchase of securities traded in U.S. markets: the Longhorn Fund, a large-cap domestic equity portfolio benchmarked to the S&P 500, and the Endowment Fund, a well-diversified asset allocation portfolio managed primarily through the use of ETFs. The Fund was founded in 1994 by Keith Brown and George Gau with the support of many leaders in the asset management industry.

Beginning in the fall of 2024, and continuing through the 2024-2025 academic year, around 20 student portfolio managers will be needed to participate in the selection and on-going management of the Fund’s assets. In executing their duties, these managers will work closely with the academic faculty in the Department of Finance as well as a group of leading investment professionals chosen from the money management community. Student “fund managers” will serve in two roles: research coverage and operational. The combined roles will provide the fund managers with responsibilities in all aspects of the money management process, including the maintenance of investment policies, the analysis of capital market conditions, the evaluation and selection of sector and individual security allocations, the rebalancing of existing asset positions, the analysis of style-specific performance benchmarks, and the creation of regular performance attribution analysis to be presented to the Fund’s clients and advisors.

The Fund’s Information Sessions will take place on September 9th at 3:30 p.m. in RRH 3.414 and September 12th at 3:30 p.m. in RRH 4.308. Please contact the Recruiting Officers, Christian Enciso, Matthew Jacobs, Schuyler Hedberg, or Shubham Aggarwal or the Fund Faculty Joshua Kocher or Kelly Kamm if you have any questions.