Carolyn Hansard is currently a Managing Director and Portfolio Head for the Energy, Natural Resources and Infrastructure portfolio at the Teacher Retirement System of Texas. She has primary responsibility for the 6% target allocation to fund and principal investments in both equity and credit mandates in the energy, natural resources and infrastructure sectors. She is also a member of the Investment Committee and Management Committee for the Trust. Prior to joining TRS, Ms. Hansard spent 17 years at Merrill Lynch in New York, London and Tokyo. While at Merrill Lynch, Carolyn held several senior management positions throughout the Capital Markets division and represented Merrill Lynch on several corporate boards. Ms. Hansard began her professional career with Arthur Anderson as a consultant. Carolyn has an MBA and BS, both from the University of Texas. She has served on numerous non-profit boards in both New York and Austin and is currently on the Advisory Board for University of Texas McCombs School of Business and the KBH Energy Center at UT Austin, as well as the Advisory Board for Women in Energy.

The Teacher Retirement System of Texas is the largest public retirement system in Texas, serving more than two million people. Innovation, technology, and collaboration make the difference as we strive to continue earning your trust every day.

TRS improves the retirement security of Texas public education employees through our “best in class” investment management and delivery of pension and health care benefits. TRS has earned much recognition, including:
• 12-Time “Top Workplace” by the Austin American-Statesman (2010-2023)
• Honored for “Best Opportunistic Strategy” by Investments and Pensions, Europe (2014)