Texas PSF Corporation hires new Deputy CIO for Strategic Partnerships

AUSTIN — February 1, 2024 — The Texas Permanent School Fund Corporation (Texas PSF) is
pleased to announce the hire of Stu Bohart as Deputy Chief Investment Officer (CIO). In his new
role, he will oversee Strategic Partnerships and the Absolute Return portfolio, which includes
hedge funds, direct lending, special situations, and co-investment opportunities. He joins Texas
PSF as part of a reshaping of the $52 billion endowment fund under new CEO and CIO, Bob
Borden.

Bohart brings significant asset management experience to the role; he previously served as cohead of the investment management division at Morgan Stanley and as global head of Morgan
Stanley’s prime brokerage business. His prior roles include portfolio management as well as
operational roles overseeing infrastructure and business development for alternative investment
firms.

CEO Bob Borden said, “Stu’s extensive experience in PE, RE, hedge funds and asset allocation will
help Texas PSF improve portfolio and operational efficiency across asset classes and deepen our
relationships with best-in-class asset managers around the world.” Bohart remarked, “I’m excited
to work with Bob and help develop a premier investment platform to support the Texas public
school system.”

Contact: Carolyn Perez, Director of Communications mediarequests@texaspsf.org

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