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    John Grubenman

    Director, Private Markets at Texas Permanent School Fund

    John Grubenman is a senior investment executive with extensive experience in private markets and institutional asset management, particularly in managing the Texas Permanent School Fund (PSF). His LinkedIn profile (john-grubenman) details his roles and career trajectory.14

    Key Roles and Responsibilities

    • Chief Investment Officer (CIO) at Texas PSF Corporation (March 2023–July 2023): Oversaw all investment activities for the $56 billion fund, ensuring compliance with state mandates and strategic asset allocation.1
    • Chief of Staff & Head of Private Markets at Texas PSF Corporation (January 2023–March 2023) and Texas Education Agency (October 2021–December 2022): Led the transition of PSF assets and employees to the newly formed corporation, managing private equity, real estate, and private credit portfolios exceeding $12 billion.124
    • Director of Private Markets at Texas Education Agency (2008–2021): Spearheaded the development of the PSF’s private equity and real estate programs, which grew to over $12 billion by 2021.14

    Career Highlights

    • Transition Leadership: Played a pivotal role in establishing the Texas PSF Corporation, transferring finance, HR, IT, and investment functions from the Texas Education Agency.1
    • Private Markets Expertise: Managed complex portfolios across sectors and geographies, including distressed debt, high-yield bonds, and asset-backed finance during prior roles at CSG Investments and Federal Home Loan Bank of Dallas.1
    • Board Involvement: Represented PSF staff in discussions about private equity performance and strategy during State Board of Education meetings.35

    Education and Certifications

    • BA in Computer Science, University of Texas at Austin (1983–1986)
    • MBA in Finance, Southern Methodist University (1986–1987)
    • Chartered Financial Analyst (CFA) charterholder.1

    Grubenman’s career reflects a focus on institutional investment strategy, regulatory compliance, and leadership in sovereign wealth fund management. His LinkedIn profile underscores his specialization in private markets and operational transitions.14

    Highlights

    Apr 20 · dallasexpress.com
    TX School Fund CEO Steps Down Amid BlackRock Controversy
    Jan 27 · sboe.texas.gov
    [PDF] Report of the State Board of Education Committee of the Whole

    Related Questions

    What are John Grubenman's main responsibilities as Chief of Staff and Head of Private Markets at the Texas Permanent School Fund?
    How did John Grubenman contribute to the transition of the Texas Permanent School Fund from the Texas Education Agency to the Texas PSF Corporation?
    What is John Grubenman's background in private equity and real estate investments?
    How long has John Grubenman been in his current role at the Texas Permanent School Fund?
    What are some notable achievements of John Grubenman in his career?
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    Location

    Austin, Texas, United States