State Bank of Texas

10/25/2024 | Press release | Archived content

Sushil and Sima Patel Lead the Charge as Early Investors in UT McCombs’ Future

Sushil and Sima Patel Lead the Charge as Early Investors in UT McCombs' Future

October 25, 2024

Sushil Patel, president of State Bank of Texas, and his wife, Sima, early supporters and investors in Texas McCombs' ambitious $425 million Mulva Hall project, have played a pivotal role in shaping the future of undergraduate business education. The Patels joined a distinguished group of alumni and friends who have collectively raised $124.2 million toward the school's $150 million fundraising goal. Their contribution is part of a transformative vision to build a cutting-edge facility that will elevate the University of Texas at Austin McCombs School of Business' standing as a global leader in business education.

As early investors, the Patels are recognized for their leadership and commitment to advancing the project, despite facing delays and challenges along the way. Their belief in Mulva Hall's potential to enrich the educational experience for generations of students has been a source of inspiration for others to contribute. Through their generosity, the Patels are helping to lay the foundation for future business leaders while strengthening the legacy of the McCombs School of Business on a global scale.

To read the complete article visit, https://news.mccombs.utexas.edu/magazine/2024-spring-summer/mulva-hall-the-early-investors/

State Bank of Texas published this content on October 25, 2024, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 08, 2026 at 06:07 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]