Muckel Resigns As Chief Investment Officer at Baylor

Dec. 15, 2009

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Kent Muckel has resigned his position as chief investment officer at Baylor University to join global asset management firm Perella Weinberg Partners, as a partner in their Colorado offices.

Kent was a lifelong resident of Colorado before joining Baylor in the spring. His new job returns Kent and his family to friends and family in Colorado and reunites him with his former colleague Christopher L. Bittman, who previously served as CIO of the University of Colorado Foundation and is now a partner with Perella Weinberg.

"I am grateful for the opportunity to have served Baylor. In a short period of time, I have come to admire immensely and respect the University's leadership, including Baylor's talented investment committee and staff," Muckel said. "I strongly believe in Baylor's mission and will remain an enthusiastic supporter of the University."

"Kent has helped Baylor to maintain a strong investment portfolio during challenging economic times," said Dr. Reagan Ramsower, vice president for finance and administration at Baylor. "We understand that this is a unique professional opportunity for Kent that also serves the needs of his family. We thank Kent for his service and we wish him all the best."

Baylor will consider a range of possibilities before announcing next steps in replacing its CIO.

"We are blessed to retain a strong and active team of investment managers who are continuing to look out daily for Baylor's best investment options and opportunities," Ramsower said.

Media contact: Lori Fogleman, director of media communications, (254) 710-6275

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