Scott Wise and Bruce Zimmerman have been elected by Houston Endowment’s board of directors to serve as independent members of the foundation’s investment committee.

Independent members of the investment committee are not members of the board of the foundation, but are asked to participate in the investment committee because of their unique expertise.

The investment committee manages the foundation’s approximately $1.4 billion endowment fund.

Wise currently serves as president of Rice Management Company at Rice University. Zimmerman is CEO and chief investment officer at The University of Texas Investment Management Company.

February 8, 2010