The Office of Finance is responsible for managing the System’s various financing programs on behalf of the 14 academic and health-related institutions, including the Permanent University Fund and Revenue Financing System debt programs. The Office also manages the System's debt derivatives program, currently consisting of various interest rate swap agreements used to hedge the System's debt portfolio.
Terry rejoined the U.T. System in March 2000 after previous work with the U. T. System from 1992–1994. In his current role, Terry is primarily responsible for managing the System’s various financing programs on behalf of the 14 academic and health-related institutions, including the Permanent University Fund and Revenue Financing System debt programs aggregating over $10.0 billion. Terry also manages the System's debt derivatives program, currently consisting of various interest rate swap agreements aggregating over $3.0 billion in notional amount. Before rejoining the System, Terry held the positions of Finance Supervisor and Manager of Financial Planning at the Lower Colorado River Authority (“LCRA”), a regional utility based in Austin, Texas. In these roles, Terry was responsible for developing annual business and financial plans and providing strategic financial planning to its various lines of business. He managed LCRA’s short-intermediate term investment portfolio and directed staff responsible for the organization’s treasury management and disbursement functions. Terry is a Certified Treasury Professional (CTP) and earned both his MBA in Finance and a BS in Aerospace Engineering from The University of Texas at Austin.
Allen joined the U.T. System in September 2012 and is responsible for managing the System's various financing programs on behalf of the academic and health-related institutions as well as providing support for investment oversight of the System's endowment and operating funds. Allen is also responsible for analyzing the System's capital projects and initiatives on behalf of the institutions and provides support for quantitative analysis of the System's financial position and debt/swap portfolios. Prior to joining the System, Allen was a Vice President with Prager & Company in San Francisco, where he worked for eleven years as an investment banker and a financial advisor specializing in higher education and not-for-profit finance. Allen earned an MBA from the Haas School of Business at the University of California in Berkeley in 2009 and a BA degree in Physics and Mathematics from Claremont McKenna College in 2001.
Robin joined the U.T. System in November 2014 and is responsible for providing analysis and execution of financing activities for the System’s academic and health-related institutions, including debt issuance, debt service, financial reporting, and other investment-related activities. Robin is also involved in the planning, structuring, and closing of various debt and derivative transactions, as well as coordinating the fixed and variable rate debt service payments. Prior to joining the System, Robin was an Asset Manager for a private equity company in Austin, where she managed the strategic business plans, cash flow activities, and performance trends of various student housing assets around the country. Robin earned an MBA from the McCombs School of Business at the University of Texas at Austin in 2011 and a BA in political science from the University of Michigan at Ann Arbor in 2004.
Brenda joined the U.T. System in October 1993 as an Administrative Assistant in the Office of Finance. She transferred to the Office of Business and Administrative Services in 1996 and held various titles within that department. Brenda transferred to the Office of Finance in February 2007. Her cash management responsibilities include wiring funds on a daily basis for items such as commercial paper, fixed-income, and employee benefits, among others. Her additional responsibilities include reconciling departmental operating accounts, preparing departmental travel vouchers, maintaining timekeeping records, and other administrative duties. Prior to joining the U.T. System, Brenda was employed with Bank One (now Chase Bank) for seven years.