Texas Permanent School Fund Corporation Employee Directory
Investment ManagementTexas, United States51-200 Employees
Texas Permanent School Fund Corporation is a mid-sized public organization based in Austin, Texas. It is a special-purpose governmental entity charged with prudent management of the assets of the Texas Permanent School Fund. Through this function, it supports Texas public education by generating resources tied to the state's historic endowment and its role as a sovereign wealth fund. One key mechanism is the Bond Guarantee Program, which uses the fund's AAA credit rating to help independent and charter districts borrow at lower interest rates, directing more resources toward school improvements. As the nation's oldest sovereign wealth fund, the Texas PSF has supported public education since 1969. In October 2024, Velocity Capital Management announced a strategic partnership with the Texas Permanent School Fund Corporation.