Stephen F. Austin State University employs Merrill Lynch as its outside investment consultant. Merrill Lynch is given the authority and discretion by the University to select fund managers to invest University funds.  Those managers are also given discretion to make investment decisions on behalf of the University.

Merrill Lynch was selected by the Stephen F. Austin State University Board of Regents through a competitive bid process to manage the investment assets of the University.  Merrill Lynch manages and oversees the operating, endowment, and quasi-endowment funds of Stephen F. Austin State University.  Management of investment assets began in January 2002. 
            
Merrill Lynch has been instructed to and abides by Chapter 2256 of the Texas Government Code, Public Funds Investment, and respective University Investment Policies.   Merrill Lynch and the respective fund managers it hires to manage Stephen F. Austin State University funds are not paid through soft dollar arrangements.  The managers are paid directly, based on the assets they manage.

Merrill Lynch
110 N. College
Suite 1600
Tyler, TX 75702

ING Investment Management230 Park Avenue 13th Floor
New York, NY 10169

The Endowment Fund
4265 San Filipe Avenue, Suite 800
Houston, Texas  77027

Merrill Lynch Alternative Investments LLC
4 World Financial Center
250 Vesey Street, 10th Floor
New York, New York 10280

ING Investment Management
230 Park Avenue 13th Floor
New York, NY  10169

Cadence SCG-MAA
265 Franklin St
Boston, MA  02110

iShares Russell 1000 Value
iShares Russell 1000 Growth
iShares Russell 2000
iShares Russell Microcap
iShares MSCI EAFE Index Fund
525 Washington Blvd
Suite 1405
Jersey City, NJ 07310

Eaton Vance LCV
Two International Place
Boston, MA 02110

Jennison LCV
466 Lexington Avenue
New York, NY 10017

MFS LCV
112 Worcester Street
Wellesley Hills, MA 02481

Schafer Cullen LCV
645 Fifth Avenue
Suite 700
New York, NY 10022

Aletheia LCG and LCV
100 Wilshire Blvd
Suite 1900
Santa Monica, CA 90401

Merrill Lynch
110 N. College
Suite 1600
Tyler, TX 75702

ING Investment Management
230 Park Avenue 13th Floor
New York, NY 10169

Fayez Sarofim & Co
Dreyfus Service Corp.
200 park Ave
10th floor
New York, NY 10166

Columbus
Metro Center, One Station place
Stanford, CT 06902