ACU appoints new chief investment officer


Abilene Christian University announced in a recent press release that Joe Lee has been named chief investment officer and president of the Abilene Christian Investment Management Company, effective July 25.

Lee will succeed current CIO Jack Rich, who will retire at the end of the year, according to the statement. Rich has held this position since 2006 and has worked at the ACU since 1991.

Lee was previously managing director of Strait Lane Capital Partners’ family office in Dallas, and previously held investment roles at HBK Capital Management, JANA Partners and Fortress Investment Group.

He holds an undergraduate degree in economics from Harvard University.

Tarleton increases scholarships for transfer students

Tarleton State University recently announced that starting this fall, it will increase the amount of scholarships guaranteed to students who transfer to the school from another college or university.

Students with a GPA between 2.0 and 3.0 will receive annual scholarships of $500 to $1,000, and students with a GPA above 3.0 will receive $1,000 to $2,000. Students must have at least 30 credit hours to qualify.

Students transferring from one of Tarleton’s nine Distinguished College Partners will receive an additional $500, with prices adjusted proportionately for students enrolled at least half-time.

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The Cooperative Response Center awards scholarships to Abilene graduates

Cooperative Response Center Inc., which is based in Austin, Minnesota, recently announced that it will award scholarships to two Abilene students.

Brooke Garduno and Brazos Lewis, both graduating from Abilene High School in 2022, will receive $1,500 scholarships.

The awards are part of CRC’s 2022 scholarship program, totaling $12,000 in scholarships for students from communities where CRC has offices, including Abilene.


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