The University of Texas at Austin recognized Charles Tate, the Department of Biomedical Engineering’s External Advisory Committee Chair, with a Presidential Citation for strengthening the university through his contributions in leadership, effort, and philanthropy.
Charles Tate
The University of Texas at Austin recognized Charles Tate, the Department of Biomedical Engineering’s External Advisory Committee Chair, with a Presidential Citation for strengthening the university through his contributions in leadership, effort, and philanthropy. Bill Powers, president of the university, presented the Presidential Citations and other major university awards in a cerermony on March 7.
Tate, an investment banker, has been involved with the university since receiving his undergraduate business degree in 1968. He is a life member of the Texas Exes and served on the Commission of 125, an advisory panel that sought to express a vision of how the university can best serve Texas and society during the next 25 years. In addition to chairing the Department of Biomedical Engineering External Advisory Committee, he also serves on the board of UTIMCO, the investment organization for the University of Texas System.
He was elected to the McCombs School of Business Hall of Fame in 2003. In 2007 he received a Distinguished Alumnus Award from the Texas Exes.
In 1999 Tate and business partner Tom Hicks purchased the diary of José Enrique de la Peña, a first-hand account by a Mexican soldier of the battle of the Alamo and the death of Davy Crockett, and donated it to the university. It is in the collection of the Dolph Briscoe Center for American History.
Tate received an MBA from the Columbia University Graduate School of Business in 1972. He was at Morgan Stanley before starting the investment firm Hicks, Muse, Tate & Furst. In 2002 he started his own private equity firm in Houston—Capital Royalty, which invests in the health care industry.
The Presidential Citation was created in 1979 to recognize the extraordinary contributions of individuals who personify the university’s commitment to transforming lives. They salute those whose service exemplifies the values shared by the university community. The university does not award honorary degrees.
