Public Funds Outreach
More than $1 trillion is invested by state and local government pension and other public funds in the U.S. and international capital markets. In the last several years, a large and growing proportion of these funds have invested in alternative markets such as real estate, hedge funds, and other non-equity investments. This significant allocation of funds will continue to grow as state and local governments seek to regain losses incurred in the economic downturn. The environment presents strong opportunities for fund managers to partner with state and local governments in the investment and management of these funds.
Government pension and other public investment funds are subject to an extensive array of management and oversight structures. As creatures of state constitutions, statute, and case law, many of these state and local funds are overseen by multi-member boards, appointed administrators, and legislative overseers.
Total Spectrum walks clients through the complex maze of state and local government programs, structures, and personalities.
- Outreach and Liaison
Members of the Total Spectrum team are regularly engaged with organizations and institutions representing the management and operation of the public investment funds, such as the National Association of State Treasurers and the public employee retirement associations. We help clients locate opportunities for interaction with key players, including elected officials, involved in this market. However, Total Spectrum does not act as a placement agent or third-party marketer. - Monitoring and Reporting
The state and local government public funds investment market, like all capital markets, is subject to rapid and significant changes. This market is subject to significant attention from the media, from state and federal regulators, and from the public. Total Spectrum provides timely information on developments affecting the market, including political and administrative changes at either the state or federal level that may shape the investment of public funds. - Public Fund Oversight Database
Total Spectrum has developed and maintains a database of oversight and management structures for state and key local government investment funds. The database includes current information on key decision-makers and on procurement policies and procedures covering the investment of government funds. Total Spectrum clients are given access to this database to help them navigate the public funds market.