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Jared Stout
Senior Vice President and Deputy Chief Investment Officer at Texas Permanent School Fund Corp.
About
Jared Stout is Senior Vice President and Deputy Chief Investment Officer at the Texas Permanent School Fund Corporation (PSF), a sovereign wealth fund based in Austin, Texas. In this role, he oversees risk and portfolio management as part of the PSF’s executive leadership team. Stout is responsible for managing a multi-billion-dollar investment portfolio focused on delivering long-term returns to benefit Texas public schools.
Stout’s investment responsibilities span a wide range of asset classes, including global public equities, fixed income, real assets, private equity, real estate, and private credit, consistent with the PSF’s diversified mandate. Prior to his current position, he served as Managing Director of Risk and as a Portfolio Manager (PM III, PM IV) at the PSF, progressing from analyst roles and demonstrating deep internal expertise in both risk oversight and asset management. His tenure at the PSF reflects a career-long commitment to institutional investing for public benefit.
Jared Stout holds a Master of Business Administration (M.B.A.) from The University of Texas at Austin’s Red McCombs School of Business and a Bachelor of Business Administration in Finance from Texas State University. He has contributed to the PSF’s strategic initiatives, including asset allocation and risk framework enhancements, and is recognized for his role in supporting the fund’s commitment to transparency and fiduciary excellence. His leadership at the PSF underscores his expertise in institutional portfolio construction, risk management, and alignment with the fund’s mission to serve Texas students.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Texas Permanent School Fund Corporation | Senior Vice President and Deputy Chief Investment Officer | Oct 2024 to Present | Risk & Portfolio Management |
| Texas Permanent School Fund | Managing Director of Risk (PM III, PM IV) | Feb 2020 to Sep 2024 | Enhanced the Fund's capital market assumptions by validating the general investment consultant’s model for risk parity, comparing our risk estimates to the general investment consultant’s, analyzing l... |
| Texas Permanent School Fund | Portfolio Manager II, III (Managing Director) | May 2018 to Feb 2020 | Built a structure to compare our Composite Fund returns to self-defined peers over calendar and rolling periods. Utilized external technology to build a structure that compared the Composite Fund retu... |
| Texas Permanent School Fund | Investment Analyst I, III, IV | Dec 2012 to May 2018 | Modeled and executed trades for two domestic public equity index replication portfolios valued at $8B including sector rotation, voluntary corporate actions, risk management, performance attribution, ... |
| Kestra Financial | Investment Due Diligence Analyst | Apr 2011 to Nov 2012 | Performed research and analysis to approve and maintain eligible investment options from external investment managers and platforms, covering all investment strategies and asset classes that mitigated... |
| Kestra Financial | Investment Consultant | Aug 2009 to Apr 2011 | Consulted 1,500 financial advisors across the US on financial planning and investment solutions for individual client investment objectives and constraints that enabled the clients to achieve their li... |
Education
The University of Texas at Austin - Red McCombs School of Business
Master of Business Administration (M.B.A.)
2017 — 2019
Texas State University-San Marcos
Bachelor of Business Administration, Finance
2007 — 2008
Skills & Expertise
Others at Texas Permanent School Fund Corp. (29)
| Name | Role | Location |
|---|---|---|
| Portfolio Manager | Austin, TX , United States | |
| Analyst | Buda, TX , United States | |
| Investment Officer | Austin, TX , United States | |
| Portfolio Manager | Austin, TX , United States | |
| Senior Investment Officer | Austin, TX , United States | |
| Portfolio Manager - Private Equity | Austin, TX , United States | |
M Michael Hu | Senior Investment Officer | Houston, TX , United States |
| Sr. Investment Officer - Macroeconomics | Austin, TX , United States | |
| Portfolio Manager - Private Equity | Austin, TX , United States | |
| Investment Officer | Austin, TX , United States |