UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM N-PX

                     ANNUAL REPORT OF PROXY VOTING RECORD OF
                   REGISTERED MANAGEMENT INVESTMENT COMPANIES

                  Investment Company Act file number 811-21985
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              Hatteras Multi-Strategy TEI Institutional Fund, L.P.
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               (Exact name of registrant as specified in charter)

                     8540 Colonnade Center Drive, Suite 401
                                Raleigh, NC 27615
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               (Address of principal executive offices) (Zip code)

                                David B. Perkins
                        Hatteras Investment Partners, LLC
                     8540 Colonnade Center Drive, Suite 401
                                Raleigh, NC 27615
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                     (Name and address of agent for service)

        Registrant's telephone number, including area code: 919.846.2324
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                        Date of fiscal year end: March 31
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              Date of reporting period: July 1, 2009 - June 30, 2010
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     Form N-PX is to be used by a registered management investment company,
other than a small business investment company registered on Form N-5 (ss.ss.
239.24 and 274.5 of this chapter), to file reports with the Commission, not
later than August 31 of each year, containing the registrant's proxy voting
record for the most recent twelve-month period ended June 30, pursuant to
section 30 of the Investment Company Act of 1940 and rule 30b1-4 thereunder (17
CFR 270.30b1-4). The Commission may use the information provided on Form N-PX in
its regulatory, disclosure review, inspection, and policymaking roles.

     A registrant is required to disclose the information specified by Form
N-PX, and the Commission will make this information public. A registrant is not
required to respond to the collection of information contained in Form N-PX
unless the Form displays a currently valid Office of Management and Budget
("OMB") control number. Please direct comments concerning the accuracy of the
information collection burden estimate and any suggestions for reducing the
burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street,
NW, Washington, DC 20549-0609. The OMB has reviewed this collection of
information under the clearance requirements of 44 U.S.C. ss. 3507.



PLEASE REFER TO THE FORM N-PX OF HATTERAS MASTER FUND, L.P. CIK NO. 0001307689,
FILE NO. 811-21666, AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON
AUGUST 20, 2010.

                               PROXY VOTING RECORD

There were no matters relating to a portfolio security considered at any
shareholder meeting held during the period ended June 30, 2010 with respect to
which the registrant was entitled to vote.

                                   SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

Registrant       Hatteras Multi-Strategy TEI Institutional Fund, L.P.
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By (Signature and Title)* /s/ David B. Perkins
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                              David B. Perkins, President

Date  August 19, 2010
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