Paul Ballard

CEO and Chief Investment Officer
Texas Treasury Safekeeping Trust Company
Mr. Ballard joined the Texas Treasury Safekeeping Trust Company in February 2003. As CEO and CIO, he is responsible for the overall operation of the Trust Company and its investment management activities. The Trust Company manages and oversees over $60 billion in investment assets including the State Treasury Pool, short-term investments for various state agencies, two local government investment pools, 13 permanent long-term endowment portfolios totaling approximately $3.6 billion, and the $2 billion State Water Implementation Fund for Texas (SWIFT).
Prior to joining the Trust Company, Mr. Ballard was the Executive Administrator and CIO of the Texas Permanent School Fund, a $20 billion endowment benefiting K-12 public education in Texas. In the mid-1990’s, he served as Executive Director of the Kansas City, Missouri Public School Retirement System. Mr. Ballard began his investment management career in 1982 managing a mortgage backed securities and short-term fixed income portfolio for a financial institution in the Midwest.
Paul Ballard holds a BS from the University of Kansas and a MBA from the University of Texas at Austin.